Appears MPEL is in a buy low sell high opportunity. Potential double bottom. The $25.03 area is a resistance, we MPEL could trade up to, retest the neckline of the double bottom and potentially bounce or form another low. IF one bought shares, could do a covered call.
ALNY expected to open at 115.50 for a Retest Gap. Watch out for low volume. To learn to trade this strategy for free go to www.RealLifeTrading.com
KMX expected to open at 71.53 for a Gap N Go. To learn to trade this strategy for free go to www.RealLifeTrading.com
ON expected to open at 11.42 for a Perfect Gap N Go. To learn to trade this strategy for free go to www.RealLifeTrading.com
RKT expected to open at 62.00 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com
UTIW expected to open at 10.74 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com
SHLD expected to open at 44.00 for a Gap N Go. Watch out for low volume. To learn to trade this strategy for free go to www.RealLifeTrading.com
Very interesting gap. Clearing a STRONG resistance.
Buy low, sell high, risk your 1R. If LL comes into $36, could sell covered calls and get into a collar and ride the accumulation phase "risk free. "
GOOD R:R. Maybe a buy and hold, forget about it for 2 months type of trade. Also bouncing off decent support.
INFN expected to open at 20.28 for a Gap N Go. To learn to trade this strategy for free go to www.RealLifeTrading.com
RAI expected to open at 68.00 for a Retest Gap. Watch out for nearby pivots. To learn to trade this strategy for free go to www.RealLifeTrading.com
LO expected to open at 65.13 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com