Author: Rick Pendergraft, Trades Of The Day

The 10-week RSI and the weekly stochastic indicators are in overbought territory currently. The daily stochastic indicators are in overbought territory as well and they made a bearish crossover on Friday.

The daily stochastic indicators are in overbought territory and made a bearish crossover yesterday.

It’s my “Option Trade of the Day”.

It’s my “Option Trade of the Day”.

The RSI and stochastic indicators are in overbought territory. The last time that happened was in early June…right before the stock fell. A similar move hits our target.