Subscribe to SRT
Stock Symbol Cloud
Author Archives: Steven Chang
Here are some price targets for short-term trades: GOOG – reaching oversold territory ($876), may be a good day tomorrow (8/14) to initiate some calls. AAPL – not done yet after today’s monster run. We should see at least 520 … Continue reading
I’ve started questioning myself whether to keep this trading blog going because after I’ve managed to lose 87% of my account value in May, June had some great trades, but the last trade initiated in June has not gone well … Continue reading
Here is one that should give you at least a $1 (~1.5%) swing by the end of the week time frame:
This is the 4th month I am reporting my options trading performance. After last month’s stellar performance, I once again not only gave back all the profits I made, plus putting a big dent in my starting capital. In May, … Continue reading
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
ADI is forming a textbook WV pattern. There is only one way: UP UP UP!
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
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
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.