Trend is up on all time frames. Looking to go long at weekly Demand zones confluence with monthly trend lines and demand zones.
Bot Mar1 105 calls @ 2.30 and 102 puts @ 1.40. $370 per spread. The puts are our insurance, but expecting another 5% up swing
ADI potential Butterfly - Sell the TOP
Don't invest. The price is going down, very low MM30 and RSI so low.
ADI: Analog Devices, Inc. 2018-08-21 17:00:00 Analog Devices Reinstates Share Repurchase Program; Increases Authorization by $2 Billion
Looks like ADI has been consolidating for a few months within this long term uptrend. I'd expect a bounce around here with a price target of mid $90's in the coming months.
Buy: 86.04 Target: 87.56 - 90.02 (1.77% - 4.63%) jbzstocks.com @jbzstocks
higher time frame is showing defined downtrend and exhibiting trend strength- using moving averages as dynamic resistance/ support -intermediate timeframe shows trend alignment to the downside and price pull back to short term moving average -looking for it trade to pivot low of 78.58 and breakout to the downside on intermediate timeframe -on the shorter time...