Winning

Winning

Wednesday, May 18, 2016

Now exit that QQQ call

Ok, we just made about 11% in an hour, we are going to exit that QQQ call.

Below is our exit:

QQQ MayWk4 105.5 Call 1.41 1.46 1.48 1,182
Here is the data I am using (Yes, you have to know how to read it, you need to understand technical analysis) You can see that while we are in a strong pull upwards, this inflates the call price.

The straight up and double down call from yesterday? Hold onto those, we will see if we can recover. We need things to shoot up into the 107.50 range to profit, not totally off the wall as the charts at stockcharts.com say we are going to have a bit of a climb.

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