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. **
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