Strong sign showing a pullback soon.. Looks like this has been overbought..
Taking a pre-earnings hedged debit spread play on AET Long and ANTM short. I am looking to get one of the two Option spreads to max profit of 5.00 through Q2 earnings.
AET hitting 1.618 A-B projection from C, and .786 Fibonacci time projection (A-B from C)
See chart for target. Also, a good company that looks to do well in the future