Get started
chenrui3257

bad news on EDU? long it now

Long
New Oriental Education & Technology Group, Inc. Sponsored (NYSE:EDU)  
chenrui3257 Updated   
NYSE:EDU   New Oriental Education & Technology Group, Inc. Sponsored
options
2
0
options
recently, there's some bad news on EDU,and the price slipped.but ,its still the NO.1 in its section.
whats more,we can see a strong support @39 ,and oversold in RSI.
so,what about selling Jun monthly 39puts,maybe we can buy this shares under 39$,and keep it until its earnings
Comment:
so far so good,first resistance@46

Related Ideas

chenrui3257
long BIDU
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.