by Dan Gibby | Mar 14, 2017 | Intra-Day Trading Comments
Below is daily/weekly chart of Comtech Telecommunications Corp. (CMTL), $14.53. Trade: Providing it is trading over $14.45 into the close, we recommend buying 1,000 shares of stock. Technical Setup: Bullish 3-day consolidation in top range of Bullish Pro Gap Wide...
by Dan Gibby | Mar 14, 2017 | Intra-Day Trading Comments
Below is daily/weekly/monthly chart of Wal-Mart Stores, Inc. (WMT), $71.10. Trade: We recommend selling 10 May $65 naked puts spread (66 Days to Expiration (DTE)) for $.50/share. Technical Setup: Pro Gap breakout daily from consolidation on Minor Support, bullish...
by Dan Gibby | Mar 13, 2017 | Intra-Day Trading Comments
Below is a daily/weekly/monthly chart of M&T Bank Corporation (MTB), $165.50. Trade: We recommend selling 10 Apr $175/180 bear call spread (39 DTE) for $.65/share (current mid-point). Note: Close before 4/20 earnings. Technical Setup: Breakdown daily after...
by Dan Gibby | Mar 10, 2017 | Intra-Day Trading Comments
Below is a daily/weekly chart of The PNC Financial Services Group, Inc. (PNC), $126.10. Trade: We recommend selling 10 Apr $135/140 bear call spread (42 DTE) for around $.50/share (current mid-point). Note: Close before 4/18 earnings. Technical Setup: Breakdown...
by Dan Gibby | Mar 9, 2017 | Intra-Day Trading Comments
Below is a daily chart of .Square, Inc. (SQ), $17.04. Trade: We recommend buying 1,000 shares of stock over today’s high of $17.20 as a swing trade. Technical Setup: Pull back to Minor Support after Pro Gap breakout on the daily and weekly charts. Target: ...
