Short
Sell into Maximum Bull Strength
A stock screening of trending stock, one of the candidate is CELG
Oh yes, all emas are curving up, very strong bull trend, it will keep going up..
I prefer to take the contrarian approach by shorting, knowing the possibility of another spike as RSI has some room
before reaching the resistance.
One can buy "cheaper put options" when there is bull strength
1 & 2 are projected profit target based solely on EMAs, might not happen
Oh yes, all emas are curving up, very strong bull trend, it will keep going up..
I prefer to take the contrarian approach by shorting, knowing the possibility of another spike as RSI has some room
before reaching the resistance.
One can buy "cheaper put options" when there is bull strength
1 & 2 are projected profit target based solely on EMAs, might not happen
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.