AcornWealthCorp

FCAU - long from present price to 10

Long
NYSE:FCAU   None
FCAU seems breaking up its recent channel formation & crossed above the down line of long term channel.

It also seems a fallen angel type of action & showing strong upward momentum.

Twigges moneyflow is going shooting up & volume is huge. On the other side huge volume is on the Option calls side. That indicates people has long term bullish opinion in this.

We also considering $7.00 January option calls, March $7 call seems interesting as well.

You can check our detailed analysis on FCAU in the trading room/ Executive summary link here-
www.youtube.com/watch?v=Nmdl5wTi...
Time Span: 13:00"
Trade Status: Pending
Trade closed: target reached:
January 6th -
Went up another 6.22% today. $7 Jan-17 Calls up from $0.70 to 400% higher for $3.50, and $7 Mar-17 calls traded 148% higher for $3.48. Consider taking some
profit off the table & updated stoploss to $9.63
December 30th-
Very strong run! Going higher & higher. Made another upward move today. $7 Jan-17 Calls up from $0.70 to $2.25, that is 221% higher from entry. And $7 Mar-17 calls traded 64% higher for $2.30.
December 29th-
upside potential is still strong, had a small gain today & holding above EMA lines. $7 Jan-17 Calls up from $0.70 to $2.15, that is 207% higher from entry. And $7 Mar-17 calls traded 60% higher for $2.25.
December 20th-
Wow! Another 1.58% gain today. Very good trade so far! $7 Jan-17 Calls last traded for $2.15, that is 207% higher from entry. And $7 Mar-17 calls traded 57% higher for $2.20.
December 19th-
Would consider taking some profit here, at the gap resistance. $7.00 January calls up from 0.70 to almost $2.00. 1235 $9 March calls bought today however - interesting. updating our stop loss criteria to $8.43
December 15th-
Uptrend resumed with 2.71% gain today. $7 Jan-17 Calls last traded for $1.80, that is 157% higher from entry. And $7 Mar-17 calls traded 35% higher for $1.90.
December 7th-
Jumped above first target price. Closed half of $7 Jan-17 Calls with 142% profit as it last traded for $1.70. $7 Mar-17 calls traded 24% higher for $1.74
October 28th - Bought January $7.00 Calls.
Comment:
Relevant Updates:
January 12th- Sudden sharp decline, closed at profit taking stoploss. It's been a very good trade.
January 11th- This is running with Rocket fuel - going sharp up, another 2.59% gain today. $7
Jan-17 Calls up about 500 & traded as high as $4.30, and $7 Mar-17 calls traded 200% higher for $4.20.

January 10th- Another nice gain with huge volume. Looking very good. $7 Jan-17 Calls up from $0.70
to 457% higher for $3.90, and $7 Mar-17 calls traded 185% higher for $4.
January 9th- this continues to climb and there seems nothing will stop it. Updating our stop loss
criteria to $9.83

Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at www.smartmoneytrading.com/now

Check out some of our free video examples @ smartmoneytrading.com/insights/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.