FEYE has been building a solid 2 year base around the 12-16 dollar zone after its inital pop and drop of the IPO. Volatility is compressing via the monthly squeeze, and looking like it is ready to blow as evidenced by the inclining MACD. Look for this monthly squeeze to fire long in the coming months.
I am long the Jan19 10 strike calls.
Lazy River.
Note
Have been adding to longs in the last week or so on the dip. Adding Jan 2020 10 strike calls for the long haul. Now we play the waiting game...
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.