DKS has an earnings breakout gap that has been filled. Still strong G/G trend.
Options are expensive (10/contract), so I set trade up as a stock buy. Looking for a profit target just below volume resistance and near 50% retracement.
Trade Theme Trend Reversion
Sector/Stock DKS
Trend G/G
Propulsion 34ema
Vscore Yes
Vprofile No
RAF No
Darvas Yes
Darvas 3.0 Yes
Entry 139.3 Minor Low Breakout. Look for improvement on breakout pullback.
Profit/Breakeven 143.8 50% Fib retracement and Volume resistance.
Stop Loss 133.75