Leda Roberts in bullish. Looks like a good longer term bullish trade to 'me'. Breaking out of strong resistance. Buy the short term pull back but be bullish. 5/11/15 All time high. Good weekly chart.
103/104 92/91 Iron Condor. .17 limit June week 1 expiration Verify what news is coming out. Probably won't affect the stock that much. Likely some kind of food chain announcement from CEO AO 5/11/15
118/119 June Bear call spread .16 limit Virtual spread to get our feet wet on GLD. It's been a while, since I traded a spread on GLD. I want to see if it's willing to work. Then, I'll begin to do more. :) AO 5/11/15 Spread is above the 100 and 200 SMA along with resistance and some moving averages.
Bearish on all time frames (regarding moving averages)
I do not know when Wave 4 breaks - however, I am longer term bullish to neutral, expecting a break out or AT LEAST a move to 111 at some point in the near future (less than 1 year)
Put sale is near the 100 SMA on the daily along with good support.
Gap is bearish. Good location. Daily volume is a TAD LIGHT. I don't anticipate losing more than 1R.
Longer term buy and hold location / type of play. Strong bullish divergence on a weekly and daily. Buy low, sell high. Likely will just trade sideways a bit but overall, good location for R:R
Thought yesterday, if WFM gapped to this location, twould be bearish. Edge is bearish on all time frames.
"Newsome had a feeling in his toes, that this trade won't work". HAHAHA. It's because BABA was making lower highs on the 5 min and 5 min HOWEVER gap was in a good location and we can't let emotions control our trading.
If GMCR gaps below 103.64 consider using the Retest Gap Strategy. To get a free and complete stock trading education go to www.RealLifeTrading.com
44/45 bear call spread .08 limit expiring this week. I would only look at this spread if YHOO Closes above 43.50 on the hourly.
Fighting a daily resistance, into the 20 ema on the 15 min chart. Edge is bearish
SU bearish retest gap. Below all moving averages on the daily. Failing a channel resistance
According to Peg and Sunny, Soros bought 5% of company. Today is a retest gap. Newsome calls for an open LOWER than the close of 5/6/15. If that happens, good location to buy. The hourly time frame is very bullish. Daily has great volume. AO 5/6/15