One of the interesting and not so frequent steep lane divergences, that happen after a gap down with no reaction to the underlying momentum measured by the stochastic oscillator.
Will look at option 51-52 out to august, will discuss on video
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One of the best Lane Divergences I trade, Slow moving stock but a perfect divergence.
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We have our second reversal candle and it is now moved up to one of the Best Bets for next week. Place stop either under 36.30 or 36.00
Cautiously Bullish, Expected to see a gap down overnight into Monday, but our President tweeted out some positive comments on Chinese Leader Xi causing the markets to trade higher early Sunday night. We will see if it hold going into the Monday morning trade.