UPS completed a double bottom pattern with a tight stop of a daily close below $122. Earnings are initially set for January 30th. I believe it should reach the targets (horizontal ray) before earnings and the ER will decide if it retraces or be a catalyst to brake the trend line.
Proposed play:
7 FEB 25 130 C
Currently @ 2.65 (Ask)
If target reached before ER will consider closing partially and coninue with the rest for ER. Please do your DD and this is a personal play.
Updates will follow.
GLTA
Proposed play:
7 FEB 25 130 C
Currently @ 2.65 (Ask)
If target reached before ER will consider closing partially and coninue with the rest for ER. Please do your DD and this is a personal play.
Updates will follow.
GLTA
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.