200 dma and trend channel support, after breakout from 2016 bottoming pattern.
Daily RSI oversold; Weekly RSI>50 and MACD>0
Optimistic target shown by dashed blue arrow - if indeed in stage two breakout as per screener.nextbigtrade.com/
Plenty of gaps in this chart though.
Long Mar 16 '18 $18 Calls. Lets see how deep Out of the money calls pay off.
Daily RSI oversold; Weekly RSI>50 and MACD>0
Optimistic target shown by dashed blue arrow - if indeed in stage two breakout as per screener.nextbigtrade.com/
Plenty of gaps in this chart though.
Long Mar 16 '18 $18 Calls. Lets see how deep Out of the money calls pay off.
Trade closed manually:
Options are tough. Although the stock moved as redicted, sold this at a loss.