LONG 50 & 55 CALLS - SLOWING SELLING PRESSURE DUE TO DIVIDEND HOLDING FOR PAYMENT DATE - UPCOMING EARNINGS RAMP. BREAK OF $50 HORSE GETS LEGS. CURRENT TEST OF TREND LINE
LOOKING TO GO LONG AT THE 50 AND THE 200
PATIENCE ROOM TO FALL YET.
Coca Cola Thoughts
Ego with a Strong move out of the ascending triangle after a earnings surprise. Gold is looking like an excellent hedge here against the spreading corona virus and slowdown of economic growth. EGO has a heavier position with me due to its smaller share structure, a lot of these miners have really high share counts and wanted to be better positioned in one that...
With gold breaking with $1600 level for the first time since 2013 and a small sell off on earnings due to decreased production. Sentiment has changed. 52 week highs look like they will get crushed. Long further out $5 Calls.
Chart looks good some big volume came in today on the earnings beat along with some pumpy material from attorny general
Classic cup and handle forming here, expecting strong financials after the announcements made last earnings. Mar 20 $5 Calls are 5C Looking cheap. Expecting a gap up on an earnings beat and lets see how close we can get to shooting that gap....