Bullish Trade- THE
THE has a solid uptrend, and currently looks as if it is bouncing off support. Im entering a trade here in hopes that it bounces. I am also entering here because if suport fails, I will know immediatley that I am wrong. Since the top of the channel is about 10 points, I am buying a Dec 45 call for $1.60. OTM will result in a bigger percent win if the trade works out. Stay tuned as we monitor this trade daily.