$FOSL

(click chart to enlarge)

(click chart to enlarge)

 

Cup’n handle breakout with bullish MACD and RSI.  Options trading is fairly thin on this name, but posted a P/C ratio of .28 on Friday (1,007c/285p).

Disclosure: No position.  Will initiate a long position in the Aug 110C currently (7.40×7.70) above 112.23

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