bertolinitrading

bertolinitrading Mar 8, 2015

This upcoming week is a fine time to look for this chart to breakout above all-time highs. If any daily (or smaller time frame) candles close above the 238.80$ price level happy trail stops. Not any price resistance above it that I can see. MACD crossing higher on the daily and the weekly. Monday I'd like to see where the APR 240 Calls are trading at to get a...

bertolinitrading Feb 28, 2015

Pullback over in the US Bonds ETF? One green weekly candle closing indicates a resumption of the trend higher. Or it could mean a long consolidation period. On Friday, the indexes had the most selling we have seen in a couple weeks. I got long TLT, getting an in the money MARCH 125 Call for 4.50$ and some out of the money APRIL 135 Calls for 90c Selling March...

bertolinitrading Jan 19, 2015

Noticing twitter finance talking about that drug company Merck a lot the last few days and I noticed this monthly chart today. This monthly charted is something to get excited about. Closing monthly bar above the December 2007 high of $61.62 at the end of January would be good. No position myself right now. Some easy profit targets would be long here and the...

bertolinitrading Jan 7, 2015

You could do short term trades and short rallies or gaps higher on the daily. I'd rather be cash than making a firm decision today to go long or short an index. It is the first real trading week of the year and earnings season is this month and next. Patience is a good thing, itchy trigger fingers just to trade are not. This chart is a weekly time frame that...

bertolinitrading Nov 17, 2014

APA had a quick drop to this $70-78 consolidation range after a 104.57 top on 7/31. A lot of room to go lower below the 10/15 low ($68.29). I got filled on one (delta 0.63) JAN15 75 Puts for $5.00. I don't have any idea what the company does (don't care), just looking at the chart. Risk - sell stop when underlying stock price is above $78.65. If that is not ever...