Aug. 12 at 2:16 AM
Tractor Supply Company
$TSCO (65m)
Bullish Flow: Option sweepers and block buyers hit October
$40 Calls (
$44.7K sweep, +12.9% to ITM) and December
$40 Calls (
$26.3K block, +10.6% to ITM) near
$35.42–
$36.15 spot. Smart money is positioning after Q2 net sales rose 2.3% to
$4.54B as VIP Petcare veterinary integration and Neighbor's Club loyalty growth offset weather headwinds. 🐂 💧
Bull Key Level:
$36.00 (Bull confirmation to break ascending wedge resistance, clear local wicks, and trigger trend expansion) 🐂 🔥
Bear Key Level:
$34.00 (Key structural support floor and volume shelf anchor to defend) 🐻 ⚠️
Targets:
$38.00 /
$42.00 💰 🍺
Why: The 65-minute chart shows price riding a tight ascending ribbon higher off the
$30.00 demand floor. Reclaiming
$36.00 confirms buyers holding structural control to drive a swift gap-fill toward
$40.00+ call strikes.
#tsco | #retail | #stocktrading | #optionsflow | #technicalanalysis | #hovdid