This is not looking good technically. Short this.
H&S is forming nicely and it has no where else to go but to 45ish.
H&S and about to get down to 4 months old support line. If this doesn't hold...watchout. This is going down.
economic conditions suggests this will do great. Nice inverse h&s on short term time frame and this can gap up.
Earnings tonight...worth playing few calls.
It is hitting a long term trend line and I think it will cool off (today). Since football season is around the corner, I want to play this long term. Great play setting up.
Long term play...and that's all there is to it.
Formed a long c&h and getting ready to run. Just a tad late in the game but still presents a great buy.
Can rip on the face. BTO Aug 17th 380c
They guided lower last qtr and they have been sitting at lows for a reason. The setup has been great. I have listed the price points and it is going higher. Earnings 08/08 atc.
I cannot wait for the earnings. Playing long.
Still has near 40% shorts in this name. Will they turn the corner this time?
Reports tomorrow atc BTO Aug 17th -- 95 puts
Reports tomorrow atc. BTO Aug 17th -- 140 calls Will make you money.