odeaolay
Long

VRSK Verisk Analytics Long

NASDAQ:VRSK   VERISK ANALYTICS INC
Trendlines are showing a breakout to new all time highs, will look to further break the wedge and continue trading within the channel.

MACD (12,26,close) is the indicator I am using for entry.

sep 21 115 calls
Comment: Sep 115 calls currently up 14.4%
Comment: Still holding 2.25 calls, up 41.1% setting stop at 3
Trade closed: stop reached
Congratulation, the idea was good. For the time beeing I doubt it to be a good entry. I would by at a retest of the June highs only.
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odeaolay motleifaul
@motleifaul, Thank you man, looking like it hitting the top of another wedge, trying to decide if I should close end of day. Weekly chart has some strong momentum.
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motleifaul odeaolay
@odeaolay, you are right. The week and the month are running well. The doubt is short ranged only and I am sitting to jump on when we saw some retracement these days.
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motleifaul odeaolay
@odeaolay, I just looked in a bit more cafully. There seems to be some more room to the upside before the correction may come (perhaps next week only). So perhaps better not to hurry to sell.
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motleifaul motleifaul
@motleifaul, not even not to sell! I've been buying just at this moment as you perhaps may have realized already.
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odeaolay motleifaul
@motleifaul, Hourly shaping up really well too, stayed long up another 10% on the calls, thanks for the advice.
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