* Strong recent up trend
* Breaking out of a one month base
* Pays dividends
* Price looks good on all time frames.
* Sector: Energy - Oil & Gas Refining & Marketing
* Relative Strength vs. Sector: 2.07
* Relative Strength vs. SP500: 6.83
* U/D Ratio: 1.25
* Base Depth: 32.41%
* Distance from breakout buy point: 1.92%
* Volume 14.33% above its 15...
BPT is part of a two way trade that I like.
I sold the $2.50 September cash secured leap put. This put transacted at the time value of money. Today that cash secured put premium is 45 cents. This puts the downside risk of selling the cash secured option for September at 192 day. I put the cash into GGN which is an oil and gold GAMCO fund with a 10% current...
Hi there. Price is forming a reversal pattern to change its direction. Also is close to 0 value which is a very good sign.
Wait for the price to complete the pattern and watch strong price action for buy.
This is a good stock for the money. It will likely move down to fill-in the price gaps we find on the 4 hour. This stock moves in correlation to the AMEX:SPY ; so diligence suggests waiting for the S&P to start back upwards before making too aggressive of an entry. Net Sales are up and some website said they have a 17% dividend. Thats high. With a $37 target...
This is a pullback and very deep and this reduce the risk to be shocked for a whipsaw some people doubt, but you can wait for some green candlesticks or a swing low, for feel more sure about the idea follow the daily chart like a hawk in the wait of a swing.
Again this idea work for swing trading and position trading too. In this case I...