Low risk buy here, specially if the stock breaks into higher highs tomorrow...
Best of luck!
Cheers,
Ivan Labrie.
Best of luck!
Cheers,
Ivan Labrie.
Kommentera:
Probably ok to trail stop to entry and reduce position by 75%...
Kommentera:
I had a long here yesterday on close, suggested reducing by 75% and moving stop to entry after it hit that BB + 200 day MA
s3.tradingview.com/s...shots/j/JYgGpp3Q.png
it was also a new high for the last 2 weeks before
and faded
so it's a risk free trade from here and secured 0.62R
earnings come out tomorrow
so it might be ok to swap the position for calls using profits for the premium...
s3.tradingview.com/s...shots/j/JYgGpp3Q.png
it was also a new high for the last 2 weeks before
and faded
so it's a risk free trade from here and secured 0.62R
earnings come out tomorrow
so it might be ok to swap the position for calls using profits for the premium...
Kommentera:
Or bull put spread ITM (benefits from IV dropping + time decay) For ex.: long ATM, short OTM put, positive RR.
