It’s my “Option Trade of the Day”.
Trade Alteryx (NYSE: AYX) to Potentially Double Your Money in Eight Weeks
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•Following earnings it’s pulled back but seems to have found support. The last two times it was near this level with the stochastic indicators in oversold territory it rallied sharply.
Trading Alcoa (NYSE: AA) Targets a 75% Return in Two Months
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•It’s my “Option Trade of the Day”.
Trade Pfizer (NYSE: PFE) to Potentially Double Your Money in Four Months
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•Oversold based on the weekly stochastic indicators, the stock is hovering just above the lower rail of a trend channel. It won’t have to reach a new high to reach maximum return.
Trade Pure Storage’s (NYSE: PSTG) Drop For a Potential 75% Return in One Month
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•Two things caught my eye on this stock’s chart. And if the previous pattern repeats itself from October and December, the stock should fall over the next few weeks.
Trading Bristol Myers Squibb (NYSE: BMY) Could Double Your Money in About 6 Weeks
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•The underlying stock is oversold based on the stochastic indicators and the RSI is the lowest it has been since late October. The stochastic indicators made a bullish crossover on Friday.
Trade Cerner (NASDAQ: CERN) to Potentially Double Your Money in Five Weeks
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•Near the lower rail of an upward trend, it’s oversold based on the daily stochastic indicators. The last two times the indicators were this low, the stock bounced pretty quickly.
Trading Melco Resorts (NASDAQ: MLCO) Could Double Your Money in Five Weeks
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•It’s my “Option Trade of the Day”.
Trading Carnival (NYSE: CUK) Targets a 75% Return in About Five Weeks
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•It’s my “Option Trade of the Day”.
Trade Salesforce.com’s (NYSE: CRM) Drop for a Potential 75% Return in 6 Weeks
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•Trending lower since early September, it’s right up against the upper rail right now and is overbought.