AMPS - Cup and Handle **Earnings 8/14**

Setup Analysis on AMPS

Here we she a massive cup and handle on the 1hr Chart. Notice below volume increasing throughout the formation. Price has bounced off support at $6.03 and moved to $6.21, looks like its prime to go higher.

Earning Announcement 8/14 in Pre-Market which will add a lot of risk to this trade.

Current Position - 11/17 - $7.5 strike - Call - 0.50 (when purchased)

Price Target $7.89
Option PT - $1.25

Potential gain - 150%
Technical IndicatorsTrend Analysis

Wyłączenie odpowiedzialności