STrader1

PRO
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Last visit Joined 2 years ago
Scared Money Don't Make Money
Markets Allocation
100 % stocks
Top Mentioned Symbols
JBLU 66% | 2 BBY 33% | 1
STrader1 STrader1 PRO JBLU, D, Short , 2 years ago
JBLU: JBLU short
132 0 2
JBLU, D Short
JBLU short

A 5 wave formation has finished, I suspect an ABC pull back to somewhere around the 38.2% fib retracement. Risking only .67 on the trade, with a 2.84 target or 14.01%.

STrader1 STrader1 PRO JBLU, D, Short , 2 years ago
JBLU: JBLU short
16 0 1
JBLU, D Short
JBLU short

Would Like to see a continuation in the sell off with Jet blue, the stock has become extremely overextended the last 12 months. Looking for a 12-15% pull back. Looking for that 38.2% fib retracement to come into play.

STrader1 STrader1 PRO BBY, D, Short , 2 years ago
BBY: My BBY Play. Momentum swing.
40 0 1
BBY, D Short
My BBY Play. Momentum swing.

Plotted, are my details of the trade. I like BBY to the downside before their earnings report. I'd like to cover a day before they report with hopefully a nice gain. Immediate price target would be to fill the gap around 36.42. From there, I think it completes wave 5 of eliots wave and hits the 32.88 area.

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