Wednesday, February 15, 2017

Watch For This Bullish Pattern - Ride the Wave and Use Trailing Stops


One Option Trading Blog http://ift.tt/2l7RQ9a Posted 9:00 AM ET - The market has been on a great run and the momentum points higher. Stocks rallied hard on Monday and we saw a brief round of profit-taking Tuesday morning. Buyers quickly stepped in and we closed on the high the day. Bull markets are characterized by lower opens and higher closes. The price action should remain bullish the rest of the week, but we are likely to pause along the way. You should be long calls and you should be making a ton of money. This is likely to be one of the best stretches you will …

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