Interesting to say the least. Digging the apparent repetition here. Those downtrend lines are clones. Next friday $10 calls for a little lotto play seems like a decent risk/reward.
Not really a Fib guy but I'm watching this. That extension at $40 has my interest. If price can get there it might time up with a pullback on SPY around 445ish (which I'm also eyeing).
Anything look familiar here? I highlighted Dec when price action was similar to last week. It basically doubled but I doubt that kind of reaction happens here. But it is obvious there are buyers. I like FEYE and have Jan calls. I think this sees $30 before the year is done.
Look at all those weekly MAs stacked nice and tight just under price. Daily looks to be flagging just above 6.50. Call flow has been strong here lately, something brewing...
something brewing here. Call flow has been heavy. It's heavily shorted but the float is too big for it to squeeze like others. I grabbed some calls yesterday and sold half today when they doubled.
