Take Two, Leave Two

Movado (MOV) may have my most bullish interests. Of course, as I was initiating a buy into some September $29.50 calls and October $30 calls, the stock started to move higher, pushing its breakout potential.

Movado (MOV) Source: StockCharts.com View Chart » View in New Window »

My target on Movado is $32.25, but I could see it pushing higher on strong earnings. This is a tougher call, though, since luxury has struggled. Fossil (FOSL) was strong recently, however, so I am looking for the same from Movado....250 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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