FEYE: We have long & short options here people
After analysts punished $NASDAQ:FEYE for a less that perfect earnings outlook, $NASDAQ:FEYE has retraced back to the trendline it fell from. However, volume over the course of the retracement has waned, which could be a sign things may get a worse before they get better. I have outlined my 2 ideas below.
Short: FFEYE falls through its major support line (purple line) that was previously resistance and forms a Head & Shoulders pattern. If this were to happen I would expect the stock to fall to $15, maybe even as low as $14 (good support found at both levels).
Long: As was my original opinion, the stock falls back to the purple support line but the bulls "Hold the Line!!!" like King Leonidus and the stock heads higher. I would expect first profit taking at $19.36 and then again at just over $20.
Short: FFEYE falls through its major support line (purple line) that was previously resistance and forms a Head & Shoulders pattern. If this were to happen I would expect the stock to fall to $15, maybe even as low as $14 (good support found at both levels).
Long: As was my original opinion, the stock falls back to the purple support line but the bulls "Hold the Line!!!" like King Leonidus and the stock heads higher. I would expect first profit taking at $19.36 and then again at just over $20.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.