This stock has been sold off over the past month or so... and it reacted very positively to support. Normally, I do not chase a big move after it has bounced off support, but this one flew under the radar.
Trying to ride this up to resistance at 32, but that's a bit of a ways off! I'd be happy with getting out at the 20ma. Here's the trade: +6 Jan15 27/28c @ 0.40
Also, I'm looking at King Digital (KING)... yeah, those candy crush guys.
Reported good earnings I suppose. KING looks like it wants to gap fill, and it will most likely face significant resistance and be very overbought when it arrives at 17.20. Plan is to go short if and when that happens.
In addition, AAPL is just flying! It hits a new ATH every single day I think. I tried to short before and got whacked so this time I'll steer clear.
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