GOOD appears to be in a C wave zig zag correction that a 1:1 would see hit 20.83.
There is distribution resistance in that area as well as the 50MA and so there could be plenty of selling in that area.
If it can print a wicked shakeout reversal pattern through resistance and 50MA then I will enter a short looking for much lower lows.
Not advice.
This has two of my favorite indicators.
In addition to the bull pennant and the golden cross, it pulled back to the 20 EMA
Looking to go long on this today. I will check out what options look like and decide if I do commons or options.
The covered call involves writing a call option contract while holding an equivalent number of shares of the underlying stock. It is also commonly referred to as a "buy-write" if the stock and options are purchased at the same time.
Another great example of using your retirement saving to make more money conservatively, then bank would with low...
