Jeffry recently told Morning Monster viewers that Cardlytics (CDLX) has just crossed the conservative entry point in a measured bounce setup.
Remember, the measured bounce is one of the most powerful patterns he tracks…
With roughly 80% of conservative entries hitting at least their initial targets.
With CDLX currently trading around $16, he tells us that it has upside potential to hit $23.
That’s a pretty good move, especially on options.
And while he didn’t mention a timeframe, he personally has $15 Calls with a December expiration.
Good luck if you take this trade idea and remember:
Regardless of Jeffry’s stellar track record, never trade with money you can’t afford to lose!
— The Jeffry Turnmire Trading Team
