It’s overbought and made a bearish crossover last night.
Category: Option Trades
This VanEck Vectors Gold Miners ETF (NYSE: GDX) Trade Targets a Potential 100% Return in the Next 5 Weeks
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In a downward sloped trend channel since last August, look for it to make another leg lower in the next few weeks.
Trade Sea Limited’s (NYSE: SE) Drop to Potentially Double Your Money in 6 Weeks
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It’s overbought and the chart shows a series of lower highs over the last couple of months.
Trade Mosaic’s (NYSE: MOS) Bounce for a Potential 100% Return by mid-June
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In a six month trend channel, it just hit the lower rail and it also has the 50-day moving average as support.
Trading ChargePoint (NYSE: CHPT) Could Potentially Double Your Money in 6 Weeks
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It’s my “Option Trade of the Day”.
Trade Clarivate’s (NYSE: CLVT) Drop for a Potential 75% Return in Seven Weeks
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It has an interesting chart and is trading near a busy point that’s acting as resistance.
Trade Colfax (NYSE: CFX) to Potentially Double Your Money by mid-June
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The stock just hit the lower rail of a trend channel and looks poised to make another move to the upside. Similar November and February lows had jumps in excess of 35%.
Trade Cameco’s (NYSE: CCJ) Bounce to Double Your Money in Seven Weeks
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From the low in January and March the stock bounced $5. If it bounces $5 from last week’s low, it will reach max trade returns.
Trading At Home Group (NYSE: HOME) Could Double Your Money in Seven Weeks
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The stock looks poised for another leg higher and the stochastic indicators made a bullish crossover last night.
Trade Communication Services Select Sector SPDR (NYSE: XLC) to Potentially Double Your Money by mid-July
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The last time we saw the indicators down near oversold territory and at the lower rail of the channel, the stock rallied 14% in just under a month.