Swinging up in a channel

Updated
Breaking upwards from the bottom of a channel pattern.

Purchasing the December 27th options with a strike price of $22 and price of $.45

Looking for a price of ~25 at at expiration. This could also break out above the 25.88 resistance.
Trade closed: stop reached
Parallel Channel

I'm not a financial advisor and I'm not offering financial advice. Everyone should do their own homework before making any decisions!

Good luck and I'm always interested in what you think.

Disclaimer