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Breakout in MSFT

Home › Forums › Swing Trades › Breakout in MSFT

  • This topic has 1 reply, 1 voice, and was last updated 8 years, 1 month ago by Steven Place.
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  • May 30, 2014 at 8:46 am #2450
    Steven Place
    Keymaster

    A classic “base on base” pattern.

    msft

    Buy Jul 40 Calls @1.12 or lower

    Stop 39.74

    June 2, 2014 at 8:33 am #2451
    Steven Place
    Keymaster

    Nice move higher, i was going to wait for a stretch into 52 week highs but we’re selling off a bit. I’d rather take some deltas off here and protect current rpofits.

    Sell to open Jul 41 calls for 0.80 or higher.

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