The LB Brands are in a defined Moving up Trend. The last days are the corrections like a distribution phase. Now it is time to go back in up trend. If the price jumps over 74,30 the potential are the 80's..
This is a very good example of when to do a strangle. The market is about to choose which direction to go in soon. You have NFP tomorrow, earnings for LB in 2 weeks, and a rate hike decision coming up. This is the perfect cocktail to take advantage of a big move. LB is down 11.7% today and could potentially continue down further. I have no idea which way LB...