Search This Blog

Tuesday, June 7, 2011


Instead of the 62.5 Oct call, I will play the 57.5 Oct call.  I will make my initial entry when the slow stoch (red line) touches/slightly breaches the 20 mark. Then I will double up when/if the red line collapses the 20mark.

It tends to see a bounce when the red line of the slow stoch touches the 20 mark. But I am anticipating more macro weakness than usual, so it may breach. These set ups have usually lead to pops in the stock. I will be playing it for these pops. (I am letting the oscillator guide me on this one.)

No comments:

Post a Comment