by Dan Gibby | Jan 11, 2018 | Master Trader Advisory Letter Past
Below is a weekly chart of Apache Corporation (APA). Trade: Consider shorting Feb (2/16) $42.5/37.5 Bull Put Credit Spread (36 DTE) around current mid-point of $.64/share (extended intra-day so will get better price if retraces) Technical Setup: Master...
by Dan Gibby | Jan 9, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of General Electric Company (GE). Trade: Over $18.66, consider buying stock as a swing trade. Technical Setup: Pullback to Minor Support and Bottoming Tail after Breakout on daily, Climactic Buy Setup weekly and monthly. Stop Loss: ...
by Dan Gibby | Jan 8, 2018 | Master Trader Advisory Letter Past
Below is a daily/weekly chart of Edison International (EIX). Trade: Consider shorting Jan (1/19) $62.5/60 Bull Put Credit Spread (11 DTE) for around current mid-point $.47/share. Technical Setup: Climactic Buy Setup daily/weekly, breaking out hourly,...
by Dan Gibby | Jan 7, 2018 | Master Trader Advisory Letter Past
We have the first week of 2018 behind us and it has started out better than the first week of 2017. Both years were preceded with corrective price action prior to the first week. However, 2016 saw a larger correction prior to the immediate move higher. We will take a...
by Dan Gibby | Jan 5, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of Kandi Technologies Group, Inc. (KNDI). Trade: Consider shorting Jan (1/19) $8 naked puts (14 DTE) for a limit of $.50/share (or better since extended daily). Over the next 1-2 trading days, we will also look to add a bullish...
by Dan Gibby | Jan 5, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of Roku, Inc. (ROKU). Trade: Consider shorting Jan (1/19) $53/57 bear call credit spread (14 DTE) for around current mid-point of $.45/share. Technical Setup: Bearish Pro Gap under Major Support daily, Climactic Sell Setup,...
