Aug. 17 at 2:24 AM
OPTION WATCHLIST
$AAOI- Stock breaking out of a flag on the daily time frame. High watch for
$150 level to hold for a move higher towards
$161. Stock has a gap to fill to
$171. The company recently posted better than expected earnings.
$QCOM- Stock breaking out of the daily trendline channel and making a flag pattern as well. High watch for upside move above
$168 for a move towards
$180 and higher. Stock is decent at the indicator level.
$ARM- Stock having almost identical pattern to QCOM. high watch if the flag breaks out above
$285 for a move towards
$300 and higher. Stock has gap fill from
$312 to
$321.
$MRVL- Stock flagging on the daily. Looking for breakout above
$230 for a breakout move towards
$250 and higher. Stock has gap fill from
$232 to
$235 and them
$240 to
$241.35. High watch this week for gap fill.
$LRCX - Stock breaking out of inverse head and shoulders pattern on the daily. Looking for calls above
$340 for a move towards
$360 and higher. a
