Looks like a nice double bottom on the daily at some good resistance. Buying calls back to 85 seems like a very safe trade.
I love this channel play for call options, specially for you smaller accounts. Get in right at the bell today or see if it hits $86 in the morning or Monday, trade your plan!!! I would use a stop of $84.
Looks more bearish then bullish here. For a swing trade I would place a limit order of 13.93 and use a stop of 14.79. 1st target would be 12.33 and 2nd would be 10.83
Nice gap yesterday above the 200 SMA. Your also getting a MACD zero crossover at the same time. I would swing trade this to first target of 8.15 and second target of 9.08. Place your stop at 6.50 and move up accordingly.
If this stock gaps to $15 which is below a very good bounce resistance of $16. I would short to target #1 of 13.42 and then target #2 of 11.22 which is a fairly strong resistance back in 2008/2009
We had a nice inside candle yesterday so look for any gap down today 9/14 or in the near future. If we get this gap down even minor this should go to $67, which is the last support level from Feb of this year. If we get any gap up over the high of 9/12 then look to hit into the 100 or 200 moving average.
This is trapping shorts going back to Dec 2015 If this can break and gap above $31 this baby is going to RUNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN for a swing trade.
If this breaks the 200 MA then this is range bound again and could see 250. Wait till it breaks the 200 MA so your not caught in a head fake. If you look at the weekly and monthly chart you can see this same trade setting up.
Currently sitting at a great support/resistance level. If this gaps up even a little tomorrow on, 8/12 this would be a great swing trade to $18. But even if it doesn't gap keep this one on our radar for a tight small grind to $18.
If it bounces off 100 day moving average today and opens with a gap down tomorrow below down trend support, look out below! look at 5/31 date to see what happened. But I think it will be a much deeper downturn since there is soooooo much negative talk about this stock. It's a stock people love to hate, kind a like your 3rd child.
$20 is a false support trapping buyers. This stock is going to $15 from prior support back in 2013. For people who missed this downturn, could still make $5 to the downside. Options are supper cheap right now.