HAL is below daily trend and 200 day mva, however, the RSI shows slight positive divergence. It will be interesting to see how the stocks react from here. a) a drop to channel low, b) retest of the upper channel, etc There are weekly options on the stock.
AAPL, BROKE THE HEAD AND SHOULDERS CONSOLIDATION AND CAME DOWN TO SUPPORT AROUND 140ISH. 2 HOURLY RSI WAS THE MOST EVER OVERSOLD SINCE THE STOCK WAS TRADING AROUND 115. Long some calls from 140.5 to 140 area. Out below 140
New highs for amzn after long consolidation. Could have a follow thru with this type of stock long aggressive weekly calls. I already sold half this morning, keep the remaining at entry price stop loss.
AMZN has been sitting in a wedge formation for the past few weeks. I liked how the stock held the upper range for the most part of yesterday. Worth Watching for a potential breakout to new highs. Long out of money weekly options.