Wednesday, November 11, 2015 1:10:10 PM
11/11/15 CVX
- i did 5 PUT Option trades yesterday, CVX 11/20/2015 93.00 P.
- Overall, the upward wave "b" looks weak.
- dip below 91.76 to gauge the downward wave "c" may start.
- so far, No action Today.
- Exit dividend date 11/16/15, $1.07
- 13 EMA @92.45, i guess the Div is holding the stock before the Exit date.
wave count for conceptual illustration, it morphs quickly than i can perceive.
old chart: http://www.chartupload.com/images/43155500380164629559.jpg
- i did 5 PUT Option trades yesterday, CVX 11/20/2015 93.00 P.
- Overall, the upward wave "b" looks weak.
- dip below 91.76 to gauge the downward wave "c" may start.
- so far, No action Today.
- Exit dividend date 11/16/15, $1.07
- 13 EMA @92.45, i guess the Div is holding the stock before the Exit date.
wave count for conceptual illustration, it morphs quickly than i can perceive.
old chart: http://www.chartupload.com/images/43155500380164629559.jpg
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