INTC might be looking like a good buy to most, but for me, I am bearish for now, to the $41 area. Possibly lower.
Good trades are the hard trades. Too many confirmations kill profits. Enter before most do and exit when the rest hop on. Im following only my trade plan and nothing else. The only thing I care about is my max risk. I look for a risk to reward of 1:3 and/or 1:2 depending on the setup and probabilities of the trade.
End of January expiry to give the price some breathing room in case it decides to go for a consolidation.
Best of luck.
#options
Good trades are the hard trades. Too many confirmations kill profits. Enter before most do and exit when the rest hop on. Im following only my trade plan and nothing else. The only thing I care about is my max risk. I look for a risk to reward of 1:3 and/or 1:2 depending on the setup and probabilities of the trade.
End of January expiry to give the price some breathing room in case it decides to go for a consolidation.
Best of luck.
#options
Trade closed: stop reached