It just hit the lower rail of its trend channel and the daily stochastic indicators made a bullish crossover.
Category: Option Trades
Trade BorgWarner’s (NYSE: BWA) Downtrend for a Potential 75% Return by mid-January
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•With overbought stochastic indicators and at the upper end of its trend channel, look for it to make lower lows.
Trade Nikola’s (Nasdaq: NKLA) Next Leg Lower for a Potential 75% Return in Seven Weeks
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•It’s been rallying sharply lately even though the underlying company’s fundamentals aren’t there.
Trade Slack Technologies (Nasdaq: WORK) for a Potential 100% Return in Seven Weeks
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•It’s been trending lower since June. With the RSI being close to an overbought reading, it looks due for a reversal.
Trade CMS Energy (NYSE: CMS) to Potentially Double Your Money in Eight Weeks
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•It’s my “Option Trade of the Day”.
Trade Continental Resources (NYSE: CLR) for a Potential 75% Return in Eight Weeks
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•Trending lower for the last five months, it’s at the upper rail with both the RSI and the stochastic readings in overbought territory.
Trade Holly Frontier (NYSE: HFC) to Potentially Double Your Money in Eight Weeks
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•It’s overbought and the stochastic indicators made a bearish crossover last night. That’s a pretty good sign that a downswing is coming.
This First Solar (Nasdaq: FSLR) Trade Targets a Potential 75% Return by mid-January
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•The underlying stock’s indicators made a bullish crossover yesterday. The last three times that happened, the stock jumped sharply.
Trade Virgin Galactic (NYSE: SPCE) for a Potential 75% Return in Two Months
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•In a downward slope for the last four months, look for it to go through its next downward cycle over the coming weeks.
Trade Barrick Gold (NYSE: GOLD) to Potentially Double Your Money in Two Months
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•It just hit support and the daily stochastic indicators are in oversold territory and made a bullish crossover last night.