- The stock market was over sold for the past couple of days and especially yesterday. Everything was poised to go higher. Amazon had the nicest gain due to the news on the acquisition of a mail order pharmacy. Amazon and Netflix looked hot to open, but Google on the other hand looked as though it was still over sold.
- Not only was Google oversold opening down another 4 from where it closed yesterday, it went down another 6 after open. This is crazy since the Stochastic Indicator shows that it is over sold on the 1 and 5 minute intervals. This was a great time to reel in profits. Check out my charts below.
I am day trading with Options of stocks and have noticed tendencies and have decided to note them into this blog. At this time the information is free to use, but you should not rely on it for sole purpose of trading as I accept no responsibility for what you do with the information. I do encourage comments on what you see. Please follow me on Google+.
Amazon is Awesome
Thursday, June 28, 2018
Market Oversold Created Buying Conditions
Subscribe to:
Post Comments (Atom)
Profits Only, Please!!!
I have spent the last 2 years trying to figure this day trading with options thing out. I hit an ultimate low this past Tuesday and felt lo...
-
I have spent the last 2 years trying to figure this day trading with options thing out. I hit an ultimate low this past Tuesday and felt lo...
-
I would like to own the job title of day trader. To be a successful day trader, you must focus on keeping your losses small and letting you...
-
I typically narow in on one or two stocks daily to profit from options. I feel it is best to know a stock so good that you recognize patter...
No comments:
Post a Comment