#PZZA #neutral
PZZA has formed an ugly upside down cup and handle on the daily chart. However, on the 15 minute chart you can see a multiple bottom. The stock is also playing with a long term trend line.
With the lack of significant formations in the market to trade, I have decided to use this time to try some new strategies. I will try an earnings straddle. I am shooting for a march at the money straddle.
With the lack of significant formations in the market to trade, I have decided to use this time to try some new strategies. I will try an earnings straddle. I am shooting for a march at the money straddle.
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