2. Targets Hit Here are several completed trades from Investment House Daily, offering insights into our trading strategy and the targets that we have hit this week: Of course, it was a huge week for our plays. We just moved into a new position by buying Facebook call options last Tuesday. In addition, we still have our existing play as well. Of course, that play, along with Google, Netflix and others, all surged. Facebook Inc. (NASDAQ: FB): FB has made some big short-term moves as of late. One of these was in late July and another was in early August. So, when we saw the setup again, we were ready. We entered on Tuesday, as we saw the stock breaking higher to form a nice two-and-a-half-week consolidation of the last break higher. We bought November $270 call options for $25.70. Of course, FB gapped higher and surged 8.22% on Wednesday. As a result, we sold half of our position for $41 and banked a 59.5% gain -- that much in one session impels one to take some of the gains off of the table. We left half to test a bit -- what FB is doing now -- and then we will see if it can break higher once again. Alphabet Inc. (NASDAQ: GOOG): Similar to FB, we saw GOOG setting up for a break upside off of the 50-day moving average (MA). On Aug. 13, it started higher. As it continued the move that day, we entered. We purchased November $1,500 calls for $63.30 when the stock was at $1,522.34. GOOG paused during the next session and then started higher. The pattern was one big move, one pause, one big move and one pause. It also rushed higher during the Wednesday spurt, but it was so strong that we left it for another session. When it started a bit softer on Thursday, we sold half of the position for $151 and banked a 138% gain. We will let it test and let it run higher. If it does this successfully, we will likely pick up some new positions. We also banked gains on many other plays, including in Netflix (57%), Mastercard (78%), Square (50%), Microsoft (68%), Peloton (72%) and Walmart (81%). Receive a risk-free trial to Investment House Daily and save 50% by clicking here now! Here are several completed trades from Technical Traders Alert, offering insights into our trading strategy and the targets that we have hit this week: There were a lot of fireworks to the upside at the end of August, and we were able to bank a lot of gains on this run. The fact that solid patterns exploded higher in many cases made us a lot of money. Salesforce.com, Inc. (NYSE: CRM): On Aug. 3, we entered CRM when it broke higher off a 50-day MA test and formed a short, three-week base. As the stock looked great, we entered by buying September $200 call options for $12.50. We did this because we wanted to play a pre-earnings run. As a result, we might possibly hold some positions over into the earnings results. CRM moved higher for a few sessions and then decided that it needed one more test ahead of earnings -- this is the "dip" in a good pattern that often precedes the big move. Just after mid-August, CRM started back up with some solid moves. This past week, it gapped higher on news that earnings would be released after the market closed. While we had a decent run to the top of the two-month range, we felt that earnings would be a blowout. Nonetheless, we opted for caution and sold half of the position ahead of earnings for $19.30. This allowed us to bank a 54% gain. Earnings were indeed a blowout. CRM then gapped higher and rallied. So, we sold another half of the position for $52.65 and banked a 320% gain. We will let the remaining quarter work to see if CRM can squeeze a bit more upside out of this news. Adobe Inc. (NASDAQ: ADBE): We entered ADBE on Aug. 25. At this time, it broke higher from the handle of a seven-week base that the stock had formed using the 50-day MA as support. We bought November $270 calls for $29.40 when the stock was trading at $484.34. Well, as you know, stocks exploded higher on Wednesday. ADBE gapped and surged almost 50 points. A bit after that initial gap and surge, we sold half of the position for $42.40 and banked a 44% gain. We are waiting to see if ADBE can deliver another burst higher after a brief test. We banked gains on other plays as well, including in Best Buy (89%), Chipotle Mexican Grill (42%), Facebook (112%), Amazon (65%), Alphabet (56%), ServiceNow (43%) and Mastercard (60%). Receive a risk-free trial to Technical Trader and save 50% by clicking here now! There were no trades in the Success Trading Group this week. Still, now is a good time to become a member of the Success Trading Group. The system is geared towards bringing you consistent, short-term gains of 5-10% and you can expect four to six trades every month. To receive a risk-free trial and save 50%, click here now! |
Tidak ada komentar:
Posting Komentar