How high, will its pretty high right now.
Pros:
- Another great qtr. reported
- Safe bet w/another increase in the next qtrly divy (Dec)
- the Market likes Biden as for as MJ is concerned
- Was positively mention on "Mad Money" last night (probably the main reason this popped today.
Cons:
- RSI (above 70) is in over-brought territory
- Gap up today: yesterday's closed $133.58 today's open $141.29. Many think that gap needs to be filled, hence pull back in to gap area. Does not mean that will happen...
-Could pull back with Election News...could???
Conclusion: I have no idea how high it can go in regards to the 20 Nov option. But, my best guess, it could easily push though $160 by 20 Nov.
NOTE: JUST MY OPINION!!! LOL GLTY
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