I guess you would call this a swing scalp.
Again, as per my forecast of Sept. 3rd , URBN could go long up to resistance area highlithed. Buy at market open and TP from 47.72 to 48.50. Stochastic is supporting this idea and SCTR is high enough for a buy.
URBN could go long up to resistance area highlithed. Buy at market open and TP from 47.72 to 48.50. Stochastic is supporting this idea and SCTR is high enough for a buy.
Looking to initiate a new position in $URBN with the pull back on decreased volume to daily support. Good risk, reward. Earnings upcoming end of August
Entry Signals Buy $42.64 signalsfinancial.com
Shorting under @29.19. short t1 @28.55., t2 @28.35.
... for a 2.24 ($224)/contract credit. (High IVR/High IV; Post Earnings Volatility Contraction Play). Metrics: Max Profit: $224/contract Max Loss/Buying Power Effect: $177/contract Break Evens: 23.27/27.73 Theta: 6.12 Delta: -4.33 Notes: I'm looking to manage this at 25% max profit.
spanking continues. not the good kind. break/bounce? take some profits on puts before close. play w/ house. retail getting smoked
Will be watching this for weakness tomorrow. If it breaks 30.70 will short and wait with a tight stop towards the top of the range.
Right at upper resistance from previous support trends
but RSI getting some life and MACD ready to cross up, June 41 calls active