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Magnet Trade in MA

Home › Forums › Swing Trades › Magnet Trade in MA

  • This topic has 0 replies, 1 voice, and was last updated 8 years, 1 month ago by Steven Place.
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  • June 2, 2014 at 1:00 pm #2447
    Steven Place
    Keymaster

    After a strong breakout above 75, the next pivot level is 80. Odds are this will act as a magnet as buyers will bring it up there before they start taking profits.

    ma-daily

     

    If and only if MA breaks above 77.25 I will get involved by purchasing the Jul 77 calls for a cost of around 2.05.

    ma-10-min

     

    Sell 1/2 at 80, stops at 76.19

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