Here are 2 technical trade set-ups that I am watching: both could offer an opportunity for an option or stock trade. VWO Here’s what we were looking at back on Oct 5th when the chart was originally set-up. It had been in a steep drop, recently finding support and moving back to retest long term […]
Above you can see the original technical setup. Today saw the market flirt with the $22.00 technical short entry…. I didn’t exercise very much patience and jumped on the 1st hit of another potential break of the TC (technical trigger). I am looking for a drop to fill the gap. IF this occurs, there is […]
This was the original technical set-up I was watching. Despite general market conditions, we can see a steady rise this year in the security. At this point I’m banking on the large ellipse pattern that can be seen on the weekly pattern. What this is showing is that the stock momentum is increasing with the ellipse […]