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JLS

Followers 62
Posts 7863
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Alias Born 12/14/2004

JLS

Re: None

Thursday, 02/16/2017 5:08:19 PM

Thursday, February 16, 2017 5:08:19 PM

Post# of 31169
ETE is interesting to me.

I did a Buy-Write on in on Feb 3. Paid just under $19 and sold $19 Calls that expire tomorrow.

ETE is at the small end of an inclining triangle with the incline following SMA(50). Have no idea which way it breaks out, but I don't think it goes flat. If the market doesn't decide to puke, I think it should go higher given the current politics.

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