Stock is trading at the support levels of its long term channel.
No major negative news materially impacting the company other than an analyst downgrade.
Could be a good buying opportunity to enter at between 170 to 175.
Would buy the 1 month out call options instead, 31-Jan-2025 strike $175 for $5, just in case it breaks through trend, it doesn't break my bank.
Thoughts?
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- blinki·01-08Sounds like a solid planLikeReport