This Bullish Healthcare Trade Targets a 75% Return in 10 Weeks
It’s my “Option Trade of the Day”.
Read MorePosted by Rick Pendergraft, Trades Of The Day | Oct 6, 2020
It’s my “Option Trade of the Day”.
Read MorePosted by Rick Pendergraft, Trades Of The Day | Oct 5, 2020
The last three instances where the stock was in overbought territory and made a bearish crossover (like this past Friday), the stock has dropped significantly in the following weeks.
Read MorePosted by Rick Pendergraft, Trades Of The Day | Oct 2, 2020
In two previous occasions this year the RSI and the stochastics were in overbought territory, like now. In both instances the stock dropped.
Read MorePosted by Rick Pendergraft, Trades Of The Day | Oct 1, 2020
It looks like a possible head and shoulders pattern is forming. For the pattern to be confirmed, the stock will have to drop to the $82 area.
Read MorePosted by Rick Pendergraft, Trades Of The Day | Sep 30, 2020
We could be looking at a double-top formation here. If the stock moves below the 50-day moving average we could see the selling accelerate.
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