heidib
Def. recommend selling puts on this one next opportunity:) Note the shakeout manipulation at max pain last Fri. expiration, traded wayyy below 17.5 all day only to break 17.51 10 min before closing even higher!
Solid long but looks like it may test 14.25 & possibly even to lower support levels over the next week or so barring any news...should have sold calls when that shooting star closed!
Guessing it'll hold around here between 15-15.5 til any key news/PR. Won't be surprised if we re-test 14.5 in the near future (given heavy short position) --> safe entry < or = 15. Sell 12.5 &/or 15 strike puts to reduce cost/risk...
Looks like new 91 support will be tested over coming days, bullish as long as it stays above 84 (longterm trendline intersection) & esp. if volume moves it to re-test 95 area, & if breaks/holds 96, on to 100...beginner learning to chart, advice welcome!
Close above 45.28 support = bullish...not seeing any real/strong resistance til > 50...sold puts & calls, recommend selling puts on this, solid fda recently approved TYMLOS & more coming end of July!
Won't be surprised if it tests support levels over coming days but uptrend intact...beginner learning how to chart, thoughts welcome!
Looks like if it goes through 16 resistance tmrw, it's on it's way back to 19
Close above key 15.71 support = bullish, below = next stop 15.46...wedge formation signals break coming one way or another (up if 15.71 holds).