“There’s nothing wrong with the charts, only the chartists.” Anonymous Last week ESRX was falling due to news from MYL. We bought Puts and made 50% gains same day. Today we have gone long on ESRX via Calls. Chart of…
Read More
Monthly Archives: August 2016
On Friday – August 26, 2016 CHKP broke consolidation range and moved up Chart shown below HLF fell on Friday to 200-day moving average and then bounced back up and formed hammer. It closed at $60.50. Looks like it will…
AAP Chart shown below I have sent you many trades like AAP before and they were winners AAP is going for 170 We bought October 170 Calls for $2.60
Options trading can seem terrifying at the surface. There are all sorts of different levels to choose from, and there is the fear that something may go terribly wrong. The reality is that if you want to master the art…
Technical Indicators are calculations based on the price and the volume of a security that measure such things as money flow, trends, volatility and momentum. Indicators are used as a secondary measure to the actual price movements and add additional…
The bid-ask spread (also known simply as “the spread”) is the difference between a security’s bid price and its ask price. Let’s assume you are watching Company XYZ’s stock. If the bid price is $50 and the ask price is…
Technical Analysis of EAT When stock gaps up on huge volume and later in the day profit taking takes place then it pulls back from the high. That is the candle of Thursday (August 11th, 2016). On Friday, EAT started…
I am often asked “Noshee what chart intervals do you use in your trading?” Therefore, I have decided to write an article on this topic to help traders out. The regular session of trading in New York Stock Exchange opens…
Technical Analysis of AAPL AAPL broke above 106 range after forming Doji candle. Technical Analysis of KATE KATE gapped down then next day gapped up. This is bullish…
Today on August 3, 2016 DDD – 3 D Systems Corp – was moving up aggressively. It crossed 50 day moving average. The reason could be buyout possibility. Chart of DDD is shown below: …