13/Feb/2020 09:03 AM AUTHOR: Brandon Gum
If it can stay about 51.25 we could see 53
Expect outperformance in high beta E&Ps during this period if it does. Started to see order flow into those names starting Tuesday of this week.
12/Feb/2020 10:54 AM AUTHOR: Brandon Gum
Idea here is a breakout play with a headwind being earnings in 14 days. Im not sure what to expect the price action to do ahead of ER.
Has a chance to run a lot higher than target
11/Feb/2020 10:57 AM AUTHOR: Brandon Gum
Not my typical idea, but if looking for momo, this is a candidate.
Expect price to stall a bit at 93.25
I have low expectations for this one and have no position.
On that note--> that has a RR over 3 yet stock is so extended. Is that rr of 3 realistic??? Or is there really more downside risk here?
4/Feb/2020 06:49 PM AUTHOR: Brandon Gum
High likely hood this works out in my opinion. However low rr. Idea is reliant on a trending day with follow through to the upside.
Coming into a demand zone here so I think risk to the upside warrants considering a trade on the long side.
Goal is to take off 20% at the profit target, followed by a targeted move to...
27/Jan/2020 10:13 AM AUTHOR: Brandon Gum
This idea probably wont work b/c in a special environment right now. Likely better to stick to market plays right now with heightened vol???
Target is the average % range of the recent range.
Stop loss was eye balled. prob should be using an ATR for it though.