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odeaolay
Jul 6, 2018 7:20 PM

VRSK Verisk Analytics Long Long

Verisk Analytics, Inc.NASDAQ

Description

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

Comments
motleifaul
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.
odeaolay
@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.
motleifaul
@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.
motleifaul
@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.
motleifaul
@motleifaul, not even not to sell! I've been buying just at this moment as you perhaps may have realized already.
odeaolay
@motleifaul, Hourly shaping up really well too, stayed long up another 10% on the calls, thanks for the advice.
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