Trading is as complicated as you want to do it. I prefer simple. When you look at A stock daily chart, what do you see? Yes, those rascally Wrabbits had a dividend day today (over a short, mid week holiday week). If you look at last three divdend days, the rest of this week and next week were bullish, or next at least 10 days.
How can you benefit from this in your face price action on daily chart. How about either doing a Option Call credit spread, weekly sell puts (because you then collect premium) and act like casino or bankers, whom win more then buyers. I believe that price action will fill in noted GAP on chart and hit $69 to $70 near the next noted earning report in August. You can win in trading with a solid foundation of wisdom and commonsense. Cut your loses quickly and let profits run. Will be looking at Call credit spreads and/or maybe selling weekly puts underneath current price action. Wish you well and stay safe. Be Happy.
How can you benefit from this in your face price action on daily chart. How about either doing a Option Call credit spread, weekly sell puts (because you then collect premium) and act like casino or bankers, whom win more then buyers. I believe that price action will fill in noted GAP on chart and hit $69 to $70 near the next noted earning report in August. You can win in trading with a solid foundation of wisdom and commonsense. Cut your loses quickly and let profits run. Will be looking at Call credit spreads and/or maybe selling weekly puts underneath current price action. Wish you well and stay safe. Be Happy.