Replies to post #48916 on OPTIONS TRADERS CO-OP

[johny1]

I like to use moving averages a lot. Prices seem to consistently react to the 20 ema, 50 sma, 100 sma, and 200 sma. Sometimes I use candlestick patterns although I'm far from being an expert on them. 15 minute candles with a long lower wick and small body on a drop to say the 50 or 100 sma usually does well for calls. Sometimes I just go with the flow of the market. Like NVDA a few weeks ago.