Tag Archives: vertical spread

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Buy Setup in JOY

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. http://www.fibonacciqueen.com/public/JOY-362014-for-the-CBOE.cfm 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 […]

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AMZN – Get Ready to Fill the Virtual Cart

I am considering the recent low in AMZN ($397, up $3.37) to be key and pivotal.  If price can continue to hold above here, my charts show the initial upside target at the 410.31 area.  There is a hurdle that price NEEDS to clear however.  That zone is what we are currently stuck at at […]