Good Evening Traders,
The technical breakdown is as follows.
October 2016 Close: Bullish Pinbar on horizontal support (YTD Higher Low 98.00) and 50 EMA Support.
Volume Analysis: February 2016 Breakout Volume Exceeding 10 Month Average Volume (Bullish). October volume nearly exceeding 10 month average.
Support & Resistance Levels:
S: 98.03
R: 109.67 & 120.5 - 124.4
The technical breakdown is as follows.
October 2016 Close: Bullish Pinbar on horizontal support (YTD Higher Low 98.00) and 50 EMA Support.
Volume Analysis: February 2016 Breakout Volume Exceeding 10 Month Average Volume (Bullish). October volume nearly exceeding 10 month average.
Support & Resistance Levels:
S: 98.03
R: 109.67 & 120.5 - 124.4
Comment:
Late Update: Took profit on Nov 105 Call Options due to nearing expiration. Still holding shares long.
