The old guard is exiting. The new customers seeking wealth are very techy...
Unbiased chart view Good support at 0.382 fibs at 82.4p if we come back as RSI is overbought at moment, but looks good to continue the uptrend.
$VRS Over-extended tagging upper rising wedge trend line. Expecting a near term retrace below $20, most likely back to $19 level.
#VRS Long Term Technical Analysis (Just my technical analysis of what I see on chart at the moment. No advice intended.)
With broad market volatility ebbing, the place to sell premium is with earnings plays for now. Next week, look to put on options plays shortly before the earnings announcement to capitalize on post-announcement volatility contraction. This little fellahs currently look best for plays: LC: 5/9 (Monday) after market close. Due to the price of the underlying,...