The underlying stock is oversold based on the stochastic indicators and the RSI is the lowest it has been since late October. The stochastic indicators made a bullish crossover on Friday.
Read MoreNear the lower rail of an upward trend, it’s oversold based on the daily stochastic indicators. The last two times the indicators were this low, the stock bounced pretty quickly.
Read MoreIt’s my “Option Trade of the Day”.
Read MoreIt’s my “Option Trade of the Day”.
Read MoreTrending lower since early September, it’s right up against the upper rail right now and is overbought.
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