$RH 12-1 Analysis

Another name with Earnings on Wednesday. sitting right now at the 1.5 extension and most likely will stay between 200-208 or so until earnings. Very strong moving stock on Earnings so can be bloody if numbers aren't met, especially here at ATHs. EPS expected to be up 28%. Expecting a drop or sidways movement here. Best option would be Call Credit Spreads January EXP. look to target 184 or so with a continual move down to 165 range after if numbers very bad. Give it time to play out and reset weekly RSI on way down.