Overbought on hourly and 2 hr charts, I think this dips down to 19.5 by the end of the week, hopefully tomorrow.
looking for a quick flip with NKE profits.
looking for a quick flip with NKE profits.
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Appears to want that gap at $21.5. Gonna hold these puts, since I only bought 15 contracts, will go into next week's puts if it throws an exhaustion gap tomorrow or Thursday.
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I have no idea why retail is getting pumptarded, XRT is up big. Waiting for that to throw a reversal pattern in the next couple of days.
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Blown trade obviously, but I made up for it with OXM today (and then some).
All of these retail stocks will get absolutely hammered on the next earnings report. I made a bunch of money on GLT last year because the market would pump it and then it would tank on earnings, Expecting the same out of retail stocks now.
All of these retail stocks will get absolutely hammered on the next earnings report. I made a bunch of money on GLT last year because the market would pump it and then it would tank on earnings, Expecting the same out of retail stocks now.