Max risk below the $53.07 area Min risk below $53.92
Targets $58.96, $60.33 and possibly as high as $64.29.
The video below illustrates how this setup was identified.
Consider buying the 55 – 65 call vertical spread. Joy has Extended Weekly’s. If you think the move might not happen until after the regular March expiration you could go with 3/28 expiration (low open interest) or 4/4 (new this past Monday, even less OI). CB