DT- ATH Breakout
Updated
Looking for a nice breakout going into earnings or after.
The area of caution is that EPS and Rev if positive but guidance is conservative (history in providing lackluster guidance) may cause this to drop. If it does drop look for a nice bounce around 42.33 ish.
Currently own shares and just closed a put option as my hedge when we were testing ATH. CLosed yesterday and will look for price movement to see where we are closer to earnings.
The area of caution is that EPS and Rev if positive but guidance is conservative (history in providing lackluster guidance) may cause this to drop. If it does drop look for a nice bounce around 42.33 ish.
Currently own shares and just closed a put option as my hedge when we were testing ATH. CLosed yesterday and will look for price movement to see where we are closer to earnings.
Trade closed: target reached
Congrats bulls we did it!
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