Friday, August 3, 2018

Trade of the Week: WHR

After an unfortunate drop, WHR hit support around 127 and caught some positive action.


Five days after earnings, I picked up my first batch of WHR calls.  Four days later, I added another batch seeing that it will test 8MA and possibly 20 MA.

July Trades: TGT

As earnings period begins anew, you have to be ready 2-3 weeks in advance or even a month.  

TGT has earnings in two weeks.  I picked up my first order around July 19 after showing upward momentum, above 8MA and testing and retesting throughout.  


After dropping almost 2% at the end of July, I picked up another 5 calls as it is rebounding above the 8MA and continuing the upward ascent, breaking through support heading into earnings.