Panjang

GRUB - Breakout

Telah dikemas kini
GRUB has been moveing a strong uptrend after the last earnings report in October. In addition, the stock has had a good year as shown on the weekly chart.

The Daily chart has an uptrend, Darvis resistance range and propulsion dots. I would like to see the RSI make a new high once the stock breaks out.

Profit: 74.80
Entry: 70.20
Stop: 65.15

Entry of 3.4 OBO on Jan18 70Calls.
Dagangan aktif
Good price movement and a break of $73 today. I am going to move my stop to a just below the breakout at 69.80. Sell option position if it falls below $69.80. I am moving my stop based on the approaching holiday markets. I still want to allow the trade to run, but I don't want to be caught if volume decreases and volatility increases.
Dagangan ditutup secara manual
Prices reached the $74.80 level on 12/20/18 and I sold 1/2 of the position. I have been waiting for a continuation in price movement, but we are running out of time and the RSI is diverging. I sold the remaining half of the position for $3.61 on 1/5/17.
breakoutGRUBTrend Analysis

Penafian