Technical Analysis of CNC CNC bouncing upward after forming hammer. 50-day moving average is solid support. We expect CNC to move towards 72 level. Currently at $69 Chart of CNC shown below:
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Monthly Archives: July 2016
Technical Analysis of AAPL We bought AAPL Sept 105 Calls before earnings and sold it for 100% gains today. Then we went long again via Sept 110 Calls.We paid 50 cents per contract Our targets are $106 and then $108.50….
Technical Analysis of ATI ATI broke out of consolidation range and moving up aggressively. Other stocks in its category are also moving. What are those? Please do your homework. Our target on ATI is $18-$19 range. Chart of ATI shown…
GIMO fell yesterday after drifting lower for previous two days. This morning we went long on GIMO via Calls and so far up 50%. Currently GIMO is at 42.00 and our target is $49-$50. Looking pretty.
On July 15th, 2016 BWLD fell to $135.33. Next several days it tried to go down further but not much. Then on July 21, 2016 it put on a tiny hammer candle which was the clue that buyers are there…
Technical Analysis of ANTM Yesterday ANTM gapped down and closed at 50-day moving average. Today it moved up further. So why it moved up further? ANTM right now is sandwiched between 50-day and 200-day moving average. Next step for ANTM…
GME today jumped up on Pokemon sales boost. We spotted the opportunity early morning and went long via Calls. It is bouncing up from 50-day moving average on aggressive volume. So far we are up 60% on our Calls. Targets…
I am going to share about average true range. One truism held by traders: “It is not when you buy, but when you sell that really counts.” Of course skill is needed in order to find good stocks to trade….
Recently we made great money on BABA Calls via July Now we are long on BABA via Aug Calls. Our target is $87-89 Chart of BABA shown below
Look at this chart and see how pretty NFLX is sitting on 50 day moving average. How you can go short on NFLX when you have chart like this? When you see back to back tiny hammers on some moving…