Range Bound Opportunity

30 Des 2012

The company reported Q3 a mixed picture which led led to the third consecutive post-earnings selloff and pushed the shares to a 15-month low. . This time, 54-60 looks a good range bound opportunity, buying at 54 and selling 60 next few weeks if not months. If you decide to take long position make your stop loss 2.5% before $54 with target price $60 next few weeks. If you are option trader, join us woowtrading.net