Analysis: CBOE

After a sizable pullback from recent highs, Bullpen stock Cboe Global Markets ( CBOE) shows a modest pullback here, but it appears ready to fire up. The $112-113 area has been strong support on recent tests of those levels.
The daily chart (blue, Chaikin), below, shows some robust price action, and while the money flow is red we still have a decent overall rating. We believe a bit of sideways action here would be constructive, and that even right at these levels could be an attractive area.
The weekly chart, below, shows the support level much more clearly. Volume trends are strong and bullish. 
We look for the stock to improve with the market and eventually make a run at the $150 level before too long.

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