Sabre is involved with the travel business so it is a reopening play. Should be a good trade; I won't be in it long. It also popped up with institutional buying of the $14 strike calls. Fair Value Estimate from Morningstar: $17.10 June Expiration; $14 strike Calls are the way to play it. The more time the better. Will roll the calls out to further expirations and...
Potential gain:20-65% Reward/Risk:2-6 Timeframe: 6 months I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage me to...
Hi traders, Hope you enjoyed the holidays as much as the lockdown allowed you to! Let's take a closer look at one of my Monday trades. *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the description.* SPY was down for the first 1.5 hours and then retraced, spending the better part...
SABR S1/S2 and R1/R2 with Pivot line based on my own analysis These S/R lines are NOT the calculated standard formula Support and Resistance levels. These are based on reading and my own analysis of the Price action over last 2 weeks. Pivot Line is the Line where SABR price action 'pass thru' MOST candles bars in the last 2 weeks . My analysis is that these...
Hi traders, Alright let's wrap this week up! *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the description.* SPY was making up its mind most of the day but it's just the way it is and it's our job as traders to adapt. I only managed not to lose THAT much today, hope you did...
SABR seems forming a Flag & pole formation following by a decline with earning release. There was big insider selling back in March. We think it will decline further & our first target is 23.57 You can check our detailed analysis on SABR in the trading room/ Executive summery link here- www.youtube.com Time Span: 8:10" Trade Status: Pending