Strath consider $90 Decembre Put option as Earnings play
AAN seems broke through corse level of resistance & moneyflow has recovered. We think this will have a upward move from here. We are looking for a long entry from $28.04 to $30.43 or higher.
CBG Date First Found - November 15, 2016 Pattern/Why- bullish momentum, breakout move. Entry Target Criteria- break above $28.55 (hit November 15, 2016) Exit Target Criteria- Target 1 $30.13 Target 2 $38.03 Stop Loss Criteria- $27.73 Indicator Notes- strong improvement in Twiggs Money Flow, insider buying Special Note- we would consider March $27 Calls @ $2.90
JLL Date First Found - November 15, 2016 Pattern/Why- fallen angel, bullish momentum Entry Target Criteria- break above $94.00 (hit November 15, 2016) Exit Target Criteria- Target 1 $114.00 Target 2 $143.00 Stop Loss Criteria- $85.35 Indicator Notes- strong improvement in Twiggs Money Flow, insider buying Special Note- we would consider March $90 Calls...
GNC Date First Found - November 15, 2016 Pattern/Why- fallen angel, bullish momentum Entry Target Criteria- break above $14.94 (hit November 15, 2016) Exit Target Criteria- Target 1 $15.93 Target 2 $16.93 Stop Loss Criteria- $14.13 Indicator Notes- strong improvement in Twiggs Money Flow
BSX Date First Found - November 15, 2016 Pattern/Why- breakdown of trend line and up channel Entry Target Criteria- Retest overhead resistance at $21.47 Exit Target Criteria- $17.13 Stop Loss Criteria- $22.13 Indicator Notes- huge drop in Twiggs Money Flow Special Note- we would consider February $20.00 Puts currently @ $0.68
Date First Found - November 15, 2016 Pattern/Why- breakdown of trend line and up channel Entry Target Criteria- break below $162.73 Exit Target Criteria- $133.13 Stop Loss Criteria- $170.13 Indicator Notes- huge drop in Twiggs Money Flow Special Note- we would consider $170 April puts Next Earnings Release Date- December 8, 2016
CORT Date First Found - November 15, 2016 Pattern/Why- big selling- low probability but great risk to reward ratio Entry Target Criteria- break below $9.37 (hit November 15, 2016) Exit Target Criteria- $8.43 Stop Loss Criteria- $10.13 Indicator Notes- high risk, possible day trade, big insider selling
Date First Found - November 15, 2016 Pattern/Why- breakdown of trend line and up channel, Entry Target Criteria- break below $159.00 (hit November 15, 2016) Exit Target Criteria- $90.00 Stop Loss Criteria- $177.63 Indicator Notes- big drop in Twiggs Money Flow Special Note- we would consider March $170 Puts @ $11.50 or March $165 Puts @ $18.30
NWL seems forming a sharp declining head & shoulder formation. It also seems breaking down from a double top formation. On the other side huge put volume also suggesting investors bearish approach to the company. We think it will be a interesting option play to the down side. We would consider $45 March puts, last traded for $2.60 You can check our detailed...
CBT is in weak speciality Chemical sector, and now running in a big upward channel. It has huge down side potential if the channel breaks down. We think it can decline to 36 area. You can check our detailed analysis on CBT in the trading room/ Executive summary link here- www.youtube.com Time Span: 7:50" Trade Status: Pending
ORI forming a nice bear flag, and now rising within a small upward channel. If it breaks down the channel, it may confirm the flag formation to the down side. We are watching it closely You can check our detailed analysis on ORI in the trading room/ Executive summary link here- www.youtube.com Time Span: 7:30 " Trade Status: Pending
GLT seems forming an inverse flag & pole formation. It looks very weak as it crossed down all the EMA & MA lines. For entry confirmation we would like it to break 18 level & our target is 15 You can check our detailed analysis on GLT in the trading room/ Executive summary link here- www.youtube.com Time Span: 6:45" Trade Status: Watching -------------------------
XAR has lots of weakness, it is in a weak sector & moneyflow is very weak, and the overall market is weak now. Moreover it has a lot of insider selling. On the technical side it is forming a declining neckline head & shoulder formation. Overall it looks very good short. You can check our detailed analysis on XAR in the trading room/ Executive summary link...
We had a very good option trade with SPG & now it seems getting ready for another fall. It is breaking down from longer term upward channel & the target could be as low as 153 To trade this we would consider $180 April puts currently $11.85 You can check our detailed analysis on SPG in the trading room/ Executive summary link here- www.youtube.com Time Span:...
IPHI gapped up on earnings to a declining head & shoulder resistance and declined a bit from there. We think it will decline form here & may complete the H&S formation. So we are looking for a short from current price to 36.13 or lower to 30.13 You can check our detailed analysis on IPHI in the trading room/ Executive summary link here- www.youtube.com Time...
LCI going up forming a bump & run or falling angel type of pattern. Moneyflow is accumulating & turning to positive side. We think it will continue up trend for a while. Investors seems very bullish on this as Calls outnumbered puts by a bullish 31-to-1 ratio. So we would consider $25 November Calls currently $1.30 or $25 December Calls currently $1.90 You...
MACK had a huge run forming a fallen angel pattern recently & now seems getting ready for a second phase run. We would like to see break out of MA100 for long entry, and our first target is 5.93