Oil Service Vulnerable
held up fairly well in spite of Wednesday’s sell off. Look for buying
opportunities in calls and call spreads here but wait for follow through to the
upside as many of the stocks "faked out" earlier in the day (see
tonight’s Stock Outlook for more details).
tailed higher but reversed to close poorly. This action suggests that its poised
to break down out of an inverted cup and handle. Look for buying opportunities in puts and put spreads here.
luck with your trading on Thursday!
Protective stops on every trade!