I like Upwork long term (use their service as a consumer too), here is my plan to pyramid into shares. I will buy in 4 tranches and then have a pre-defined level where I will buy protective puts. Max loss is about $6/share average after all 4 levels are filled -- before it hits the insurance level.
like Square long term, here is my plan to pyramid into shares. I will buy in 4 tranches and then have a pre-defined level where I will buy protective puts. Max loss is about $11/share average after all 4 levels are filled -- before it hits the insurance level.
Earnings this past week and surely smoked the short on gap up after earnings. Probably the biggest short squeeze of the week. I don't have a position yet, but will be stalking it around the 54.13 pivot. Up on massive volume too, probably continue higher Mon/Tue and then looking to buy the dip.
This is the hedge strategy used by trader Puru Saxena. It shows a "red flag" above the candles when the 40ema is below the 120 ema and the 5 ema is below the 20ema on the daily chart. The red flag indicates its time to hedge.
Original thread: twitter.com
Shopify softened a little over the holidays but had a strong bullish punch on Jan2. Earnings coming up at the end of January, so I expect a retest of the 50-day SMA and continuation higher. We have `JAN 18 2019 SHOP $90` naked puts sold for `$15.00` two weeks ago and `APR 20 2018 SHOP $90` naked put sold for `$3.80` one week ago looks good too.
This is what happens when there is no culture of innovation, a slow death slide. This is the MONTHLY chart of Sears -- who at one time was the nation's largest retailer during my grandparents generation.
Now they are forced to sell off their primary assets to buy more time to try to stay on life support.
$SHLD never recovered from their May 2007 high, 10 years...