If SNDK opens below 63.00 consider using the Retest Gap strategy
If NKE opens above 107.45 consider using the Gap N Go strategy
If FINL opens above 27.83 consider using the Gap N Go strategy
If BBBY opens below 68.75 consider using the Retest Gap strategy
If MACK opens above 12.39 consider using the Gap N Go strategy
The spread is above the all time high. Very choppy gaps...
6/24/15 Possible falling wedge. Should pop bullish. Edge (as of right now, I agree to be more bearish than bullish). However, PCLN at the 100 SMA on the the weekly and the 200 SMA on the daily. High chance this spread expires worthless. 1130/1125 this week! .50 limit I will only look at this spread if PCLN closes below 1140 on the daily. 1135 is still a...
Nice bearish gap down. PERFECT retest gap. MAY have already traded to a target but it depends on how you draw the line on the daily chart.
If NFLX opens above 692.79 consider using the Retest Gap strategy. Also, NFLX announced 7 for 1 split effective 7/14 for stock holders on 7/2
If F opens above 15.42 consider using the Retest Gap strategy
Put sale is at the 200 SMA on a weekly. 99% chance this expires worthless.
6/23/15 2:29 Newsome calling this a "perfect gap and go" on a swing. If you're looking to trade T. Ride the bull. Any pull backs are likely buyable. Be patient. Wager T hits 38.42 by the end of 2015 or newsome goes 3 days with 0 cell phone access...
JACK has not hit the 200 SMA since 11/2012. I like the slow retracement into the 200 SMA. IF JACK trades down there and or bounces off of it, great buying location.
Bullish divergence could form here. If it does, WYNN is more bullish than bearish. Likely a longer term accumulation phase begins.
"If you eat too much MCD, you can't fly like this condor" MCD 102/104 92/90 July Iron Condor .16 limit. Almost 10% ROI. I would give this one a B. On this spread I wouldn't unravel but exit because MCD is usually very choppy. 6/23/15 12:45 p, Watch closely the 100/200 SMA on the daily and weekly. Those are really your strongest support levels.
Retest gap. If GDOT slows down and retests a tad in a month of so, more bullish than bearish... 6/23/15 12:30
GREAT GAP. Trapping tons of peeps. This gap 'shaked out' a lot of the buyers.