Some stocks seem to have a knack for MACD divergences and double tops and bottoms

 

Some stocks seem to have a knack for MACD divergences and double tops and bottoms. Boeing is just such a stock. In this video we explore the last 10 months daily price action on Boeing and look at the effectiveness of the Options Hunter strategy. 

Continue Reading...

ADBE double top MACD divergence

 

ADBE had a nice looking double top and divergence to downside. This was a PDF trade - pretty darn fast. In and out in an hour for an 89% gain. Further OTM options would have yielded more.

Continue Reading...

AMGN double bottom and MACD divergence Part II

 

AMGN had a small daily double bottom and MACD divergence but with the weekly chart still strong down this would be a short term trade. MACD seems to indicate price should be about $172, so bought some Jun 14th expiration 172.5 calls for 1.58.

June 3rd, AMGN went stellar right out of the gate met some resistance at $174 so we cashed in the calls at $4.25 that's more than doubled my money. Further out of the money options would have yielded even greater returns.

Continue Reading...

CMG May 7 double top with MACD divergence

 

CMG daily has a topping pattern and big downside divergence on MACD . Our options trading strategy uses OTM puts to make big gains.

Continue Reading...

ALGN May 16, 2019 double top and MACD divergence

 

ALGN formed a 10-day double top , MACD diverging down. MACD says price should be around $315. OTM May 24, 2019 315 puts traded at close on May 16 around $1.65. May 20 these traded at $4.20 cant complain about this 230% gain in a couple days. Further OTM options may have yielded even greater gains.

Continue Reading...
Close

Get Timely insight into The Markets

Overall Market comments and individual stock analysis and review. Just for signing up we'll send you  Free 4 Laws for The trading the Markets