by Dan Gibby | Jun 28, 2018 | Master Trader Advisory Letter Past
6/28: CI – Consider shorting Jul (7/20) $177.5/182.5 bear call credit spread for current mid-point of $.55/share. Bear Pro Gap down under Major Support daily, Topping Tails monthly. Stop $176.02.
by Greg Capra | Jun 27, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
Hi Master Traders, The markets started the with a move higher from a new low reversal, but into the second reversal time period (10:30), the Breakout Bar Failure (see chart below) set the morning high. When the low of the day, which was a new low reversal bottoming...
by Dan Gibby | Jun 27, 2018 | Master Trader Advisory Letter Past
6/27: TGA – Consider buying stock around $2.54. +WRB Breakout from consolidation above r20-MA daily, bullish weekly and monthly in strong sector with price void so big potential target. Stop $2.11.
by Dan Gibby | Jun 27, 2018 | Master Trader Advisory Letter Past
6/27: NVCR – Consider shorting Jul (7/20) $30/27.5 Bull Put Credit Spread for $.45/share (23 DTE). Bullish +WRB deep into resistance from multi-week consolidation and failed breakdowns daily, bullish weekly and monthly. Stop $29.98.
by Dan Gibby | Jun 27, 2018 | Master Trader Advisory Letter Past
6/27: LB – Consider shorting Jul (7/20) $35/32 Bull Put Credit Spread for current mid-point of $.35/share (23 DTE). Bullish consolidation above r20-MA. Stop $35.38.
by Dan Gibby | Jun 27, 2018 | Master Trader Advisory Letter Past
6/27: EIGI – Bought stock $9.61. Master Trader Buy Setup and Bottoming Tails at r20-MA daily, Breakout monthly with price void so big potential target. Stop $9.18. Monthly:
