AI
~MELI~
...good question...when you catch a stock like this you always raise your stop...In this case I would use the 50 dma (70.46)...
...the options are a little more complicated...I try to scale out slowly until I get free contracts...Im still holding my mar 75's from 2.00...I'll think about closing some when it gets to 4.00...I dont want to have 100% exposure before earnings are released...even though I believe it will be a blowout earnings report...gltu
...btw...~MELI~ broke above its 45 degree gann angle today which is extremely bullish and indicates huge strength...
...good question...when you catch a stock like this you always raise your stop...In this case I would use the 50 dma (70.46)...
...the options are a little more complicated...I try to scale out slowly until I get free contracts...Im still holding my mar 75's from 2.00...I'll think about closing some when it gets to 4.00...I dont want to have 100% exposure before earnings are released...even though I believe it will be a blowout earnings report...gltu
...btw...~MELI~ broke above its 45 degree gann angle today which is extremely bullish and indicates huge strength...
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