Hi Shoppers,
SPDR Gold Shares ETF (Ticker: GLD) has a bullish engulfing candle created on Wednesday:
Today’s candle is confirming a possible trade higher. I also have GLD bouncing off longtime support at $161.25.
I think it can trade back up to the recent high of $165.70.
I like next week’s 163 calls around $1.25:
Trade Review
The Lyft (Ticker: LYFT) chart still looks intact, and should trade higher.
Gap Inc (Ticker: GPS) continues to trade higher, no trade there.
Thanks for Reading … See You Next Tuesday.
Licia Leslie