The underlying stock looks primed to make another move higher.
Category: Option Trades
This Teladoc Health (NYSE: TDOC) Trade Targets a 75% Return in Less Than Two Months
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The underlying stock has been in a downtrend since August and the daily stochastic indicators were in overbought territory as it made a bearish crossover last night.
Trade Digital Realty Trust’s (NYSE: DLR) Drop for a Potential 75% Return by mid-February
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It hit resistance last week and moved sharply lower on Wednesday. Then the stochastic readings fell and made a bearish crossover on Thursday.
Trade 21st Century Fox (Nasdaq: FOXA) to Potentially Double Your Money in Less Than Two Months
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It turned higher yesterday after hitting the trend line on Tuesday. We also see that the RSI and the stochastic indicators were in or near oversold territory before turning higher yesterday.
Trade Citrix Systems (Nasdaq: CTXS) for a Potential 75% Return in Less Than Two Months
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It appears to have just hit the upper end of its trend line and looks likely to make its next move lower in the coming weeks.
Costco (Nasdaq: COST) Looks Poised for a Bounce
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Its stochastic indicators hit oversold territory recently, but made a bullish crossover last night. Similar patterns in June, September, and October preceded nice rallies in the stock.
Trade EOG Resources (NYSE: EOG) Drop to Potentially Double Your Money in Two Months
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In a two year downtrend, the weekly stochastic indicators made a bearish crossover this past week.
Trade Walmart (NYSE: WMT) for a Potential 75% Return in Two Months
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It just hit the lower rail of its trend channel and looks as though it’s primed for another leg higher.
Trade Truist Financial (NYSE: TFC) for a Potential 100% Return in 3 Months
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It could rally 20% like it did the previous two times it hit the lower rail of its trend channel to reach the targeted return.
Trading Deutsche X-Trackers Harvest ETF (AMEX: ASHR) Could Double Your Money by mid-March
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The underlying fund’s stochastic indicators are near oversold, but just reversed and made a bullish crossover. The last few times this happened turned out to be pretty good bullish signals.