Builder who continues to buck the sell off, reports in Thursday am, and sporting a symmetrical triangle and testing the top with a target 6.85 on a break higher
i don't like the way it looks. large activity on the 31 puts into earnings tonight as well.Andrew's Pitchfork guiding lower with weak and falling RSI
About $3 in the options by expiry w/ 24% Short interest and acc/dist sitting on the lows into earnings tomorrow am. 5 mi chart shows some strength today
@FarleyJustin Retesting the 38.2 Fan Resistance line from below, through it looks good to 35 area.
A great case study for why tracking ETFs do not work in the long run
bullish from this perspective despite possibility for more pullback
Typical 50 cent mover for earnings (on historical percentage) and that would take it out of channel, otherwise this bounce gets stale.
Reversing at channel bottom into earnings, And Dec 11 Calls at 35 cents cheap for a stock that moves over 11%. I might be interested, in a perfect world
Typically this far into a symmetrical triangle is not good for continuation
Marissa Mayer or not, this does not get interesting until it is over 18.20
@FarleyJustin found support at 22.50 and rising back to the 38.2% Fib Fan and resistance at 27.50. Over has room to go, watch for rejection here to move lower with the gap fill back under 22.
very tempting to put on 15/16 Call Spreads into earnings on this one, but 45c is too small reward to risk for my liking
Falling wedge, MACD improving and about to cross to positive, RSI bottoming (maybe) and a gap fill. Make or break time
moving up in rising channel into earnings, on a miss there is a big gap to fill
Bouncing between major Fib levels and building bull flag into earnings tonight, looks positive with short interest over 25%