2. Targets Hit
Here are three completed trades from Investment House Daily, offering insights into our trading strategy and the targets that we have hit this week: Micron Technology, Inc. (NASDAQ: MU): Not every play involves the upside, particularly when the market is telling you that some sectors are under selling pressure. The chips, an important market leader, stumbled in April. This set up some great downside opportunities in May. Indeed, we saw MU break its support in late April. When it came back up to test that support and started to roll back lower, we moved in for a downside play. On April 29, we bought June $85 put options for $4.40 when the stock was trading at $85.91. MU fell into May 4, but then rebounded somewhat to test that last break lower. Then, MU moved up to the 10-day exponential moving average (EMA) last Friday and showed a hangman doji there. From there, it collapsed just as the pattern indicated. MU broke lower on Monday and gapped sharply lower on Tuesday, May 11. On that gap, we saw a lot of Nasdaq stocks move lower, but they started to hold from the opening gap. The move took our play to the initial target. With the other Nasdaq stocks starting to hold, we sold the options for $9.29 and banked a 111% gain. We took gains in some other positions during the week: Johnson & Johnson (NYSE: JNJ): 106% gain in the options Exxon Mobil Corporation (NYSE: XOM): 128% gain in the options Receive a risk-free trial to Investment House Daily and save 50% by clicking here now! Here are four completed trades from Technical Trader Alert, offering insights into our trading strategy and the targets that we have hit this week: Chevron Corporation (NYSE: CVX): Sometimes the old ways can be the best ways. Oil seems pretty old, right? Heck, when I first got out of school, I worked in the oil business. It MUST be old. With great patterns setting up in the big integrated companies, we were on the lookout for those that were ready to break higher and make us money in the near term. CVX rallied from February to mid-March, came back to set up a seven-week base along the 50-day MA and was starting to move higher. On April 28, CVX broke higher off of the 50-day MA. So, we bought June $105 call options for $3.90. After paying multiples of that figure for tech stock options, this was pleasant. The overall price was low, as was the historical volatility. As a result, we had a better probability of making very good money going into the play. CVX gapped higher during the next session and then gapped lower on April 30. Since it held its support, we left it alone during that session. Sure enough, that was a one-session dip. Then, CVX gapped back upside and rallied during each session into Monday, May 10. After it hit our target during that session, we sold our options for $7.60 and banked a 94% gain. Other plays we banked gains in during the week include: Broadcom Inc. (NASDAQ: AVGO): 67% gain in the put options Lowe's Companies Inc. (NYSE: LOW): 67% gain in the call options Microchip Technology Inc. (NASDAQ: MCHP): 48% gain in the put options Receive a risk-free trial to Technical Trader and save 50% by clicking here now! Here is one completed trade from the Success Trading Group, offering insights into our trading strategy and the target that we have hit this week: Cleveland-Cliffs Inc. (NYSE: CLF): CLF is in one of the "recovery stock" groups, and we are watching those as they continue to set up and move up. It is not always like clockwork -- this market is no longer that way -- but we can find plenty of stocks that make strong moves from good setups. CLF made one of those strong moves at the beginning of May. First, we saw the stock make a quick test of the 10-day EMA intraday and recover. When it continued higher on May 7, we bought the stock for $20.89. We held it over the weekend. Then, CLF surged upside on Monday. We then sold the position for $22.20 and banked a 6.27% gain. During that session, CLF peaked out and sold back to the 20-day EMA in a very nice fade. Of course, we will be looking at another play on a new sharp move off of this test in what is still a very good pattern. 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