Monthly Archives: May 2013

WLT break out alert

WLT finally broke out of the 3 month downtrend. We alerted our members of possible breakout on 5/8. If you jumped the gun, but held on then you are rewarded today (and possibly for weeks to come). Conservative price target … Continue reading

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ADI forming WV pattern

ADI is forming a textbook WV pattern. There is only one way: UP UP UP!

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How to trade WMT post earnings

WMT had a technical breakout today, however, earnings will be announced before market open on 5/16/13. Anything can happen and traders should keep an open mind. Trade long on break of today’s high of $79.96 and trade short on break … Continue reading

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C possible breakout of triangle wedge

C closed above a 2 month wedge. We are biased long in C, however, use today’s hod ($48.05) as entry point just to make sure there is follow through buying. If this breaks out, we expect a $5 move to … Continue reading

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WDC High Of Day (HOD) test tomorrow?

We suspect WDC will touch/test a previous high set on April 25th of $57.96. This should give you a good $1 profit run tomorrow. However, enter long on confirmation of breaking today’s high of $56.79.

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April 2013 Trading Performance

This is the 3rd month we are reporting our options trading performance. After last month’s learning experience, April had some great trades, and not so great trades. We did, however, manage to get back on track where we left off … Continue reading

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Where is AAPL going?

Where is AAPL going? We say up until it tests the upper trend line ($450ish) However, respect the market, use today’s high & low as tomorrow’s support & resistance and trade accordingly. Remember, slow & steady wins the race.

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