JNJ on the rebound - looking to pick up a few options possibly.
Wait a day or so to get confirmation that PG is headed north again.
Working on building my skills to read the fib retracement on the daily timeframe. Although I see other reasons for COO to be a nice pick up for a couple days; this chart may or may not be supportive of my reasoning.
Plans to exit my call options near or at $142/share - alerts set
Call option on CRSP - target is right under $127, then reevaluate for next entry
ATR and stochastic are in the ideal positions for growth. MACD histo is flat and the MACD line is facing the correct direction. Marching to earnings.
Watching for entry when it breaks $26 and holds for an hour Entering with call options
I may nibble on some call options. I like this company, I have been following them, and they just reported positive earnings for the first time in a long time or ever (I stopped going back and looking after around 6 or so).
I simply do not understand how Canadian rail roads are a stock that keeps on giving. CNI has been consolidating for a while, the MACD and stochastic are looking goooooood. I am going to watch this for call option entry. I also like this stock for diversity in what i have open.
Watching for it to break through resistance here. Grab some options, sell before earnings. MACD is lined up positively and stochastic is above 80, and it tends to ride out at least a few days once above 80 on stochastic. It has been hibernating a long time, this one may get some legs and bust out.
Going to watch how ETSY trades today and do my best to grab some call options at a low. Could hold this as until as late as Dec 4. Depending on how the day goes, I may opt to not get in at all. I am both honoring the trends as I see them and bracing for a pull back in the market. The trend and technicals display positive signals that it may capture some short...
$SBUX followed the pattern to a tee - missed my own prediction on that one. Watching $CRSP for entry around the 20 EMA to ride into 3rd attempt at breaking resistance.
This was not my idea originally but after evaluating someone else's idea, these are my thoughts. Options trade to play the trend. Looks really good.
Obviously this stock has strength, and the trend is our friend. A short review of history shows that this stock is unpredictable - and therefore is for the gambler. Watching for gap up and fade or gap up and water fall to the basement with climb back up to form a doji. Watching through out the day is something I will be doing. It's one of those that you babysit...
The trend is your friend. Sell options to cover the cost of entering, let the others ride. Set stop loss and increase the stop loss safely as this continues to climb. Be sure the stop loss has room for false break downs, meant to stop you out. I keep thinking this one is doomed for a massive pull back, but until that happens, playing the safe game.
I think we have another day on this one, and at this point, I am playing it for free, so going to buy 30 min after open and let errrr ride. The trend is your friend.
All the technical indicators remain positive for $OSTK. The market hates $OSTK, they produce massive earnings and continue to get snubbed. If you, like me, picked up the gamble in October, I hope that you, like me, gave yourself a lot of time to be wrong. I am holding Jan 15 2021 expiration call options at $75 strike and stuck on the hope-train . This is one...