Another strong session on high volume and if there is a re-test and breakthrough of $48.25 looking possible a break of this level could see more buying and the stock moving towards the key $50 level.
Move over key 441.50 level and above 200MA with close at the high of the session. Short term EMAs recently crossed. Looks good for a move up toward $22.50 and may suit a directional options position.
Potential re-test of $44 with a break of $43 in last session with evidence of technical reversal and a cross of the shorter term EMA's. Potential tightening of stop at $43.75 or profit take on $44 call position
Earnings shot expectations out of the water on EPS and revenues and but for a miserable general market, SBUX should logically be pushing higher. The price has retained its place over the 5EMA and If we see a move above Fridays close there could be a low cost opportunity to the upside for am OTM bull call spread.
Last session post-earnings pull-back along with others reporting (e.g. V, AMZN) may be end of week profit taking. Next move key, and price point above Fridays close may mean a re-test of $35 and staying within the wider $34-36 range. Potential butterfly opportunity
A high volume post earnings pop after short term EMAs already crossing threatens resistance at close price around the 17.70 price point. there may be some resistance at Dec 2014 highs but a break of this level could see the underlying move towards the next long term key price point of $20
The buyers were back in after analysts upgrades which pushed the underlying back up to an interesting price level. Technically a move up from here could precipitate some further gap filling over the medium term. This may suit an OTM longer term bull call spread
Closed at the high of the session on good trading volume after break through key $18 level
With the 200MA at the lower end of the range and the more established support (despite a failed test at the end of June) offers an opportunity to place a range-bound options strategy with expiry prior to earnings on the 21st
Analyst upgrades pushed the underlying up in excess of 3% and the price above the key level of $23. The price sits above the 5/15 and 50 day EMAs and increasing volume over the last 3 sessions is indicative of buying pressure.
F are re-testing a key level at $15.30 with a cross of the shorter term EMAs, a move above the downtrend channel and a double bottom pattern. May suit an OTM debit call spread
Re-test of key level on high volume. potential short term breakout could see the underlying up to $21 quickly. As well as recent cross of shorter EMAs price now moved above 50EMA. Note: new home sales data out this evening
Cross of the shorter term EMAs may offer the opportunity for a short term income options trade although potential upside limited to $44 in the first instance, high premiums offer an opportunity to take advantage of recent volatility.
Double bottom pattern and move out of oversold state suggestive of further upside in the first instance to $33 on further rmove higher which is likely to see a cross of the shorter term EMAs. May suit spread or short term covered call
This weeks move higher breaks the high close from January and now looks set in the medium term to threaten previous significant $32 level. A low cost, log term bull call spread may be a risk capped way to trade this idea.
A high volume move back towards $39 on fundamental news may provide momentum to push back into the $39-41 range and with a cross of the shorter term EMAs we may see this occur in next session. May suit butterfly type of trade or scalping bought call.
Currently testing key level on high volume to the downside, which on a break could see a re-test of 24.50 and then the 200EMA. May suit a short term put option trade with a nimble exit strategy around the FOMC statement
JNPR closed at highs not seen since the early part f the year and any follow through is likely to precipitate more buying and higher volume. The stock could then have upside in excess of $3-4 technically.