Big breakout on earnings, odds for continuation are pretty high.
A few ways to play it.
First, you can just pick up the May 60 calls and don’t run a stop. I have a feeling this can shake people out of the trade.
The other potential setup here is to use that support level and look for failed breakdowns. If the stock loses 57.70, flushes the early buys out, and reverses… into that reversal is where things can be profitable to the long side.