InvestorsHub Logo
Followers 132
Posts 5760
Boards Moderated 1
Alias Born 04/28/2008

Re: ~6979~ post# 185

Tuesday, 03/29/2011 9:12:17 PM

Tuesday, March 29, 2011 9:12:17 PM

Post# of 259
~VHC~ = monster...yesterdays alert paid off really well...
(compliments to Buddiee18 for alerting me to it initially)

I seen the double bottom breakout and didn't hesitate pulling the trigger...

...the apr 17's went up over 400%...1 day
...the may 17's went up over 125%...1 day




...pattern recognition is extremely important...if one only looked at the intra-day chart, they may have assumed it had ran too far as many probably did...the daily chart revealed a much different picture...the probability of this kind of breakout being successful is about 70/30...those are good odds for option trading...

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.