Option and Stock Trading with sdh

[Breakout]

60m Pinch Plays - here are some pinch plays setting up if you like playing them. I tend to play a 60m with monthly than faster chart periods with weeklies because of the lower risk for me.

WMT - Breaking above the 58.90 and a macd crossover is the buy point. Looking at the chart, your 400ma is at the 59.98 range which marks or target. At 58.90 the march 60C strick should be around 0.28. and at 59.98 those should be worth 0.63 or 125%. This one is closer to a move because the 10m and the 20ma are already fish-hooking aroung the price and macd is crossed. On the daily the price is bouncing on 100ma which to me gives it more strength. The brave ones might try buying the weekly on the 5/10m charts. Look how the 20m, 50m and 100m are packed together and bollie tunnel. This one the weekly play looks tempting and I may have to use the exception rule.

HPQ - has one forming but still seems to have a lot of time before it becomes a buy and the daily shows this has broken below the 100ma. Now is this a break or a dip below not sure yet and needs time to show it hand.

AEP - this one is shaping up but we didnt have a true adx pinch play. It is really a -di red pinch and those tend to indicate a slower turn instead of a bounce. So this one my take some time to get into postition.

DECK - now this one is interesting because of the possible retracement because it was a fast forming pinch. We may see 77 or 76 wick touch (look at weekly to find something to bounce off of. But this could retrace to two points with the fast 80 and a longer possible with time of 84. A break above 78 buy to 80 would be nice and seeing the high primium disappear as this thing sets up. At todays prices it not worth the risk because returns less than 100%. On watch.