Wednesday, March 5, 2014

Plan a trade using Yahoo! Inc. (YHOO)

When I "plan a trade" I tend to look at the following ;
1) What basic moving average "sticks" to that stock
2) How long has the "trend or channel pattern lasted"
3) Facing a pattern reversal ?
4) Levels, what are the key levels
5) Gut feeling ... Yes, you need it
Blue arrows show what I consider to be the next probable scenario.
Put options linked to that light green arrow or to the 100 SMA level ?
How many weeks/months do I need to be sure to end up deep in the money ?

1 comment:

yvan said...

Du grand art !