EDU- Earnings Bull Flag

Looking like a nice set up for a breakout if you are willing to play earnings, I would like to say my target is 180-185 to evaluate the volume and possible new ATH test. I purchased 2x 2/19/21 $180 Calls @6.30.

Good luck and remember that the market will be a little unpredictable with the change of presidents and extended new highs! Be careful and good luck!

Trade chiuso: stop raggiunto:

The news came out that Bejing will suspend online education. Big hit and not willing to take that risk.

Commento:

Well, that didn't work out for me but for anyone that held thru the bad news sell-off at opening then congrats Calls are now 10.35 with a high of 10.50. We win some and lose some!