Rationale: Bullish engulfing pattern on the Daily chart off the 111.00 support. Also the 1hr chart just broke the downward trend line. ***This is my personal opinion. Follow at your own risk.***
Bullish on MCD for mar 5/12 calls 217.5 Take a look at the weekly chart and there is a falling wedge pattern. the higher the timeframe the higher the measured potential. March 5 or Mar 12 options look nice. ***this is just my opinion. Do your own research and enter at your own risk.***
$DIS broke out of a falling wedge and looking strong going into earnings. Looking for a bounce play to 178.60 then up to 187 area. Bounce play is due to being over the 8ma line on the 1hr chart. looking at the Feb calls and the March calls to be safe. Will check PM **this is just my own analysis. Not responsible for any wins or losses.
$CLX is near a weekly demand level (last level of support). Stock has room to 205 (1hr supply zone) with gap to fill at 200 on the way up. Earnings is why it dropped but good names dont stay down for long. currently in Feb 19 205 calls **This is just my OPINION and my personal trade analysis.**
$QCOM trading inside a weekly supply area. Due to earnings allow it room to move. If price moves above weekly supply area then exit strategy.