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Joe Kunkle

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Regeneron Pharma (REGN) Bull Flag

Regeneron Pharma (REGN) strong bull flag forming after a recent nice run above the 200-day moving average and out of a long basing pattern, a move above $593 an official trigger. REGN has seen some small contract but large net dollar value call buys for August and...

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Unusual Call Buying in AAR Corp

AAR Corp (AIR) traded 14,000 calls on 7/21 which compares to an average volume of 34, as 2000 February 2022 $45/$55 call spreads opened and 3000 of the December $45/$55 call spreads were bought. AIR shares have pulled back since March but bounced this week off a key...

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Chart Industries (GTLS) Bullish Range Break

Chart Industries (GTLS) triggered a YTD value zone breakout this morning at the $152 level and caught a nice move up to near $159. GTLS has potential for an even bigger long weekly flag breakout with RSI recently dipping back and bouncing at the key 50 level while...

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ALNY Bullish OI Trigger

Alnylam (ALNY) triggered its bull flag breakout at $177.50 and closed very strong, a name showing impressive relative strength lately and under major accumulation. ALNY has recently seen buyers of 4000 September $200/$250 call spreads and still has size September...

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MELI Nears Key Breakout

MercadoLibre (MELI) shares setting up with a cup and handle pattern just under trend resistance in a large falling wedge pattern and above $1585 would break out of a large base with upside measured to above $1900. MELI’s weekly MACD is working higher after a bullish...

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Home Depot (HD) Setting Up

Home Depot (HD) shares with relative strength on 7/15 in a weaker tape and shares setting up with a flag or cup and handle pattern. The $325 level is in focus for a trigger and would measure to a target of above $350.

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KDP Base Breakout with Call Buyers

Keurig Dr. Pepper (KDP) triggered its base breakout as a name recently written in-depth from the options activity. KDP has seen buyers of 4800 August $37 calls, 8650 October $36 calls, and has size July $36 and $37 call open interest set to expire today. KDP broke...

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