IIPR in a textbook bull flag!
Someone told me this was on their watchlist, and sweet jeebus! This thing is textbook. Price target is 190 by Christmas.
It seems like we've got 2 days of consolidation, but I think the Jan 15, 170 or 175 call would be a very safe play. It's sitting somewhere around $2.50 right now.
Watch for the 'wave e' maybe done to 150.60. It's a 100% buy if we head over that fib at 152.73 with just a bit of volume.
I'm 100% playing this with just a few contracts to start. Setting my alerts now!
Stoploss around $147.70 (your option would prob lose about 40%).
I haven't done a fib extension or anything because it's like...what is, work? Do you want me to work for this? No, I do stocks because I don't WANT to work. Amiright? Ain't nobody got time for that!
It seems like we've got 2 days of consolidation, but I think the Jan 15, 170 or 175 call would be a very safe play. It's sitting somewhere around $2.50 right now.
Watch for the 'wave e' maybe done to 150.60. It's a 100% buy if we head over that fib at 152.73 with just a bit of volume.
I'm 100% playing this with just a few contracts to start. Setting my alerts now!
Stoploss around $147.70 (your option would prob lose about 40%).
I haven't done a fib extension or anything because it's like...what is, work? Do you want me to work for this? No, I do stocks because I don't WANT to work. Amiright? Ain't nobody got time for that!
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