IWM "Bear Trap" Call
Last Update: 10/20/2017
9/11/2017
It has been over 6-months since I've first engaged with CALLS (LEAPS) on IWM and I've been buying the dips throughout, as I still believe IWM could become one of my biggest winners this year...
Last Update: 10/5/2017
8/30/2017
It's been about 6 months now which I've been holding my Citi CALLS (first entry @ 61.28 on 3/1/17 and second entry @ 60.53 on 5/4/17). And my first target was 70ish which I closed 1/3 of my positions at 68.63 on 7/3/17....
BEAR TRAP
Russell 2000, currently forming 'bear trap' explained
CHANNEL
Once again, this 8-month channel resistance prevails as the sellers rush in. Last few weeks of the selling pressure has been much more aggressive compare to January, March or M...
MONTHLY CHARTS
GLD is the only chart that is poking it's head above the primary-term downtrend resistance line.
It's the very early premature stage of cultivating uptrend
Poking it's head does NOT mean it's in uptrend
Still, technically, in down...
In today's lesson, I am going to teach you how to truly understand the sentiment of the market or a stock when the rising uptrend line gets broken. While the most traders start to panic, you can stay objective and look for the opportunity while the trend coul...
BEARISH SIGNAL
Double top that has been fueled with negative divergence could be a recipe for a disaster, especially a cheap stock like AMD.
I've been watching AMD ever since it cleared above the $8 - $10 major pivot level (back in December of 2016) breaking...
THE TURBULENCE
Intel produced another good number on the earnings report few days ago (last quarter did well also), but investors have been, bit, skittish, on this stock as we've seen much of volatility pretty much all year long.
On July 21st, it seemed as t...