$TAL we are long calls $TAl, It just got a volume signature on the daily watch this one please, has a lot of room, I will attach original plan for clients from weekend round up.
-tp 1 stop is even and take 1/2 off if it comes
$TAL Chinese educational stock. hard rejection at major resistance. Chinese regulations on privatized education causing major negative consensus and panic. Downtrend expected to continue.
Large flow of put sweeps 72.21 O/I
$25 Puts $1.95 EXP August 20, 2021
Founded in 2003, TAL Education is one of the leading K-12 after-school tutoring providers in China. The firm offers tutoring services to students from pre-school to the twelfth grade via small classes, one-on-one personalized premium services, and online courses. In fourth quarter fiscal 2021, TAL's small classes account for 53% of its revenue, one-on-one 6%, and...
Founded in 2003, TAL Education is one of the leading K-12 after-school tutoring providers in China. The firm offers tutoring services to students from pre-school to the twelfth grade via small classes, one-on-one personalized premium services, and online courses. In fourth quarter fiscal 2021, TAL's small classes account for 53% of its revenue, one-on-one 6%, and...
Demand Zone
Entry 50
Stop 46
Target 66
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
Contextual immersion trading strategy idea.
TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $66,93;
stop-loss —...
Late posting this but hopefully there time tomorrow before market open to take a look.
Got a little long winded on explaining my previously posted ideas in early in this one, so I will be posting a second video shortly finishing the trade list.
The Upper Orange lines are the 1.272 fib extension levels from previous high
The Upper Yellow lines are the 1.618 fib extension levels from all time highs
The Red lines are the ascending channel trend that the price action has been following during the current uptrend
The projected time frames of price targets are based on the previous time decay from Lows-to...
TAL - It has completed impulse within 4 hr time frame at last swing high as shown in chart. It is now within correction as WXY is the pattern of correction as double zigzag down. It is in Y wave and C of Y is in progress, so sell it with stops above 76.50 for target below 69 as swing sell trade idea. You can ask for regular updates for same idea or others too.
