cashcow04

cashcow04

Looking for confirmation with volume tomorrow. Bumping up against heavy resistance at around $70-$71 bucks. If we get bearish volume validation, i'll get in on some weekly puts. This stock scares me though, seeing as how i got killed when i had puts going into earnings. Who'd da thunk it.. :(

cashcow04

Showed some signs of weakness intraday today after a bullish run in the past week. Volume still isn't convincing me this can continue so I sold out of my May 27 Weekly Calls for a 230% profit. (Entry 1.10 Exit 3.64). Bumping up against the 61.8 Bearish Fibo point of view. If you look at the Weekly/Monthly view, this thing could go down to 220 technically. We'll see!

cashcow04

In the June 3rd Weekly Puts looking for a bearish reversal.