The stop loss price was hit on the Citigroup June $50.00 call trade. The next trade should happen in the next 2-3 weeks.
**
This blog is used for informational purposes only. It should not be
used as a recommendation to buy or sell any security. Do your own due
diligence before trading or investing. **
Be sure to also check out our stock page, KDK Fund.
Wednesday, May 4, 2016
Sunday, May 1, 2016
Citigroup Trade in Review
Currently KDK Options has an open trade with the June $50.00 call option. It will continue holding the trade unless it hits the stop loss price. Below are some charts and comments on each that give KDK Options some insight into how it wants to handle the trade.
The stock is hitting trend lines in the daily, weekly, and monthly time frames. The daily is coming down to the 15 day average. The stock is hitting the 200 day average on the weekly chart. It is also hitting the 50 day average. The question is which moving average does it cross?
We will see.
C Daily
It is regressing back to the 15 day average. Will there be a bounce?
C Weekly
C Monthly
** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. **
Be sure to also check out our stock page, KDK Fund.
The stock is hitting trend lines in the daily, weekly, and monthly time frames. The daily is coming down to the 15 day average. The stock is hitting the 200 day average on the weekly chart. It is also hitting the 50 day average. The question is which moving average does it cross?
We will see.
C Daily
It is regressing back to the 15 day average. Will there be a bounce?
C Monthly
** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. **
Be sure to also check out our stock page, KDK Fund.
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