CHUY moving strong with great earnings and gapped well. High today and this is an island reversal...this could cause a nice run, I bought Oct 35 calls and look for a decent move over the next few days....buying time but the options were 2.08 so BE is 37.08 at Oct x date....I have not eaten here yet but sounds like people like it as earnings go higher with revisions
This is a gap and go. Look to enter on break of today's high or a retrace to gap with a bounce allowing a lower entry price. Stop is in gap area...if fills gap then would not trade this one. The earnings and great gap with volume shows pros want in and thus may start a steady climb from here
my first target pre split was hit in a matter of a short time thus a HUGE move winner, after that the great cont call and subscriber growth shows strength into 2016 long term play use gap and go and put stop in gap. The issue now is that trading view has not updated split so can't show this trade :((
Buy on bounce off this old resistance acting as support. Stop in gap or under. Earnings are due out soon so a study of past earnings may be worth looking at..
Gtn operates TV stations in 44 markets and has strong fundamentals, this breakout gives a good entry point.
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