High IV and a flat base. Hi potential reward for Credit (bull)puts spreads
Take this formation with a grain of salt, price pays. Would be cautious of a breakdown
Resistance at $76.6 area, 50 DMA needs to recover. no hurry.
Risky bet w declining 50 DMA but opportunistic trade w debit call spreads
Nothing more to say, need proof. Am in longer term calls, short puts, credit spreads and long stock
Trending in the right direction last 2 days on good volume. $85.61 is my line in the sand.
After it takes out 50 DMA in good volume (may be tomorrow), planning call spreads.
Weekly may see some sideways to a small profit taking, June looks good otherwise
In Long term calls & long put spreads strikes $32-$35 for months June-Sep. Technically neutral
still in effect since Jan 2014. $17.97 is watch point for End of June. Weekly signs positive.
since Aug 2014. Watching June on a weekly basis
that got slapped around along with $BABA and $GPRO. Retraced 50% but looks tired in a uptrend.
of this company, stock is working. no position. Next stop 38.2 Fib