As a valued reader of Chuck Hughes’ Trade of The Day, you have qualified for complimentary access to the Weekly Profit Opportunity, in this new alert, we will spotlight a specific trading opportunity that we feel has great potential. As a key part of Chuck’s Optioneering Team, I work closely with Chuck throughout the week to review various setups and we select one we feel is ripe for a favorable move. Watch the video below to see our breakdown of this trade opportunity.

During last week’s trading, we experienced an incredibly strong rally as various bearish overhangs showed signs of easing.  Additionally, this major drug-maker reported strong earnings and provided inspiring guidance moving forward. Given the strong trend of this stock and the company’s confidence for the future, this looks like a strong entry point for a trade.

Thank you,

Blane Markham

Technician

Hughes Optioneering Team