have some puts @ 20 and a swing in play... let's see how this pans out :)
could have this longer-term pennant breaking out bullish... i wouldn't mind!
LUV has retested the weekly 100 SMA several times... additionally, the weekly 100 SMA just happens to be at the 50% fibonacci retracement level. add in a little bullish rest after battle and we have ourselves a bullish play!
looks like CSCO is going to flirt w/ the 46.23 until earnings on 5/16. assuming we have a positive report, CSCO just might gap up into the blue square; if not, we could gap down into the red square... which would make me sad that i closed out the top half of my previous strangle ;)
this strangle just might result in my shares getting called away... i won't be upset to make some $$... but it would be nice if both expire worthless! i THINK that 46.23 support will keep us from getting called away; time will tell :)
i'm guessing that AAPL does this sideways dance before finally retracing back to the 133 area. looks very similar to the last time we did this...
certainly have a double-bottom here... once it retests, which way will it go?
another rest after battle pattern i'll have to keep my eye on...
i want this to gap up above the 22.33 support... it would be nice if it continued up just long enough to pickup an R or 2 :)
let's keep an eye on this smaller "rest after battle" candle set... with today's gap up, we could have a bit of a run
i want BUD to form this double top so that my strangle expires worthle$$