Bullish pin off of a key support trend line w/ increased volume

15 May 2018

This is a nice setup on the daily chart where a large bullish pin candle formed off of a major trend line support and a minor trend line support. As an added bonus there was an increase of volume in the pin showing buying volume as buyers defended the price level.

15 May 2018

Not

I am personally in the trade through short puts. Once could be short puts for a long bias with a bit of insurance or long stock for a strong bias.

15 May 2018

Not

Earnings are right around the corner which should get this stock really moving.