After a filed head and shoulders PM loks potentially good to re-test peak..short term call with profit target at previous peak
Fridays break may be a good entry for a long call position expiry October. Note earnings are released prior to entry so if a time stop has not been triggered (unlikely) then pout before that date.
looking for the break of $42 for long entry, buy call on breakthrough with profit take at $43 on underlying
Significant break through resistance with substantial volume increase supported by further buying in the Euro.
After hours trading following earnings report pushed the stock over any established resistance. A follow through on open tonight could result in additional major institutional buying. Short term ATM call (Sept) expiry could be a successful 3 day trade.
Ready to rock and roll on a close above resistance? Easy on those trigger fingers boys and girls. short term bought Call opportunity
FCX closed around resistance in yesterdays session and may be ripe for a slightly OTM call butterfly. Resistance at the higher end may be hit around $38. Enter only on breakthrough. Update..long call Aug butterfly entered for 81c closed on Friday for 1.32 = profit 51c/share = 63%