After reaching 50, as expected some sideways action. sold the 52c around 1.05 around 2 weeks ago. I am neutral, because this looks like a correction of the prevailing uptrend as indicated in the dark red trendchannel. Downside support are the blue trend line at around 48.20 and the 20 day MA or middle BBand. Further on the downside we are looking at the...
This is my method of trading Binary Options for the past 5 years trading only 30 minutes and hourly expiries. This method works 65 to 70% of the time and there are filters to further increase the winning %. We are not worried whether goes up or down. If it goes up, we SELL or place PUT options as it hits our SELL ZONES and buy areas where it drops and hits our BUY...
Sideway action as the trend slope of the trend has become steeper. Not saying the uptrend is over, but stalling, especially since RSI and Stochastik start to indicate some divergence. Short call spreads seems to be good risk/reward IMHO. Wouldn't be buying puts as the premium will deteriorate as long as the market doesn't sell off.
KODK is circling the drain. Their balance sheet and quarterly income is very unimpressive; they don't look like the books of a company on a rebound but rather a company winding down operations. Q4 2014 they had $260m~ assets over liabilities, that number is down to a scant $75m~. During the same period, cost of revenue is down about 17% vs revenue being...
WBA in a bear Flag pattern. The flag pattern is perhaps the most favorite For most technical analysis traders. Watch that 78 level, which would be the measured move. Wait for confirmation.
JBLUE is holding this Trend-line support watch the levels 19.50-20 buy zones. The airlines are all hitting the buy levels. I cant stress enough, traders must learn to BUY the FEAR and SELL the GREED. Always have a plan and always have a stop. understand your parameters and you will do well. KEEP IT SIMPLE TRADE LEVELS