Log scale- eyeing the bottom of the channel for a long w/ stop below.
Earnings AAPL announces Tuesday after market close Aug 11th 142/157.5 20-delta short strangle Probability of Profit: 74% Max Profit: $191/contract Max Loss/Buying Power Effect: Undefined Break Evens: 140.09/159.41 (wide of 1 standard deviation on both sides) Theta: 19.34 Delta: .79 Aug 11th 137/142/157.5/162.5 20-delta iron condor Probability of Profit:...
Bullish long and short term. Inverse head and shoulders from past several weeks has played out well. Still waiting for PT ~$21 and even higher if we break resistance with volume. Bullish pennant also points to same PT area.
Still plenty of overhead resistance, but a good start to 2017. MACD is bullish and trending up
Next target is 28.55 then 27.22
Under Armour is just about to make a rebound on it´s big drop, a good entry point would be around $30. Analysts say 2017 is going to be a good year for UAA, and so do I. Don't miss this great opportunity.
Looking for bullish bounce off support. If not trend breaks support looking to go bearish.
UAA got rejected when trying to get into the Gap Area above 33.64. If it can get and hold above it I think we could see a gap fill up to 37.65.