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EMC Stock Up On Expected Rise in Earnings -

Apr, 20th 10:53

ob-trade-idea

On Tuesday, shares of EMC Corporation (EMC) went up slightly after its announcement of four new media workflow enhancements for content creators, television and sports broadcasters and content delivery providers. Analysts expect the company to report a year-over-year rise in its latest quarterly financial results. On the daily chart, the stock closed at $25.55 last session, which is 14.26 percent away from its 52-week low and 10.45 percent lower versus its peak. RSI is currently hovering near the oversold zone at 37.14. A bounce back is going to happen soon.
Trade suggestion
Buy Digital Call Option at 25.71 valid until April 22, 2016
Buy Digital Put Option at 25.38 valid until April 22, 2016.

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