I'll update this trade idea regularly =)
- Price broke out of the double bottom on the M30 timeframe.
- That resistance now becomes a level of support.
- Additional accending trendline to support the long
Target = $49
Keep buying front-month PUT at 0.01 each ( See OptionsProfitCalculator: opcalc.com )
$10 dollars, controlling 10,000 shares.
Max returns of $10k if it gets to $49. Your downside is only $10!
OR naked short
any option above $55 (Since there are lots of premium in MSFT options...
Day 2 - Seems like an important day for these stocks.
Most stocks here are wound in a some sort of patterns.. This Strategy #8 trigger today can take signal a technical breakout. Watch out for the market...
SPY Lagging behind QQQ lagging behind IWM.
- Nimble and selective are the words i want to remind again.
Steve Primo's Advanced Bollinger bands
This is an interesting and easy way to trade that anyone can pick up immediately. It doesn't require to have perfect-right-now type of scanning or timing.
Orders can be set up ahead of time at night and left to fill on their own, freeing up time and attention to go do other things during the day.
People with day jobs where...