With strength starting to stand out in more and more sectors, we have a few good setups that we like for long trades here.
In chatting with our Head Technical Analyst Steve Strazza today, he pushed me in the direction of today's trade by highlighting the fact that if this one moves, its likely to move much faster and stronger than a couple of the other ideas I was interested in.
And the options in this stock are set up in a way that we can play this idea with a simple long calls trade. I like that. So let's dig in.
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