RECENT TREND : Failing Wedge EXPECT RETRACEMENT : Bullish / Once it breaks out from the FAILING WEDGE POTENCIAL: 5x/10x LEVERAGE RISK : 2%-3% As i mention, this strategy is just an OPTION if market went BULLISH, im here to provide you ENTRY, RESISTANCE AND SUPPORT(STOP LOSS) possible levels Have in mind that PIVOT Local Resistance and Support are FLEXIBLE and...
Another lazy trade for today, just an event play. Very risky to holding neutral positions in uptrend, so literally just for a few days on table. Event plays are usually a "trade and pray" strategy, so I'm not preferring (TastyTrader Bob and Tom like it, but I've sucked many times width them) In current case I've decided to take the risk. (1) MurreyMath...
- Positive EPS expected
Provided the market works on our favor
With the recent merge of Sprint and T-Mobile, we watched the stock pump 70% after-hours. Yesterday I decided I'd be a bit more patient with Sprints movement, only entering with a semi-small account at $8.28 (at time of publish, up $.4856 per share). I than used this to determine likely movement to today and decided to buy call a few hundred contracts with a strike...
FB Rating: Strong Sell Trades are first posted on FibMarketWatch.com Dirty Facebook Option Trade: Long Put Expiration: 15 MAR 19 Strike: $165 Type: Put Mark: $4.55 Entry: $4.40 Trade Goal: Double Trade Time-frame: 5 Days Trade Target: $150 Will update. -AB