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With mixed earnings at the end of July this stocks price tumbled from $36 to $18 in less than a month. Since the 24 August the price has regained some ground, but found strong resistance at the $24.50 price. This side ways movement and contraction for the last few weeks is setting up well for a great straddle trade. At the moment the US Indices are negative which enforces our the call for a Short trade on this Stock below the $23.00 price point. A close below this price or a move through $22.95 would be a great call level for a short with an initial target price around the previous low of $18.00.
Popular Call Level Trends
Prices for EURUSD are set around $1.11. Will it continue to drop?
Follow EURUSD @ $1.11 - http://www.calvl.co/ZOkKwrOB
Price alerts for Silver were set at a low of 15.431 this week.
Follow XAGUSD @ $15.431 - http://www.calvl.co/9JKavYXr/
Watch S&P 500 with us at $1941.8 - http://www.calvl.co/KOYwY9GZ/
[Adapted from the original article at http://blog.call-levels.com/where-are-users-setting-call-levels-for-sp500-sliver-and-eurusd/ . Reproduced with permission.]
