QQQ popped up more than 1 point intraday. Sold 1/2 Nov36 calls; also sold short Oct36 calls for 0.55, will cover it at dip. This QQQ position is now changed into an at-the-money calendar spread from previous near-the-money long call only.
MSFT broke out from recent basing mode.
It pulled back again. Judging by the lower volume on the decline, the selling is not panic. Obviously a lot of buying has been done in the past month, but the buyers don’t want to buy higher. This pullback presents a buying opportunity in my view between 24 and 25.
QQQ sits right at 20SMA and in over-sold condition, let’s see if it bounces back next week.
It pulled back again. Judging by the lower volume on the decline, the selling is not panic. Obviously a lot of buying has been done in the past month, but the buyers don’t want to buy higher. This pullback presents a buying opportunity in my view between 24 and 25.
QQQ sits right at 20SMA and in over-sold condition, let’s see if it bounces back next week.
QQQ is in short-term uptrend. The resistence is ar 36 then 37.
RHAT has a long way to go back its recent high.
LFC is at pullback after strong move. However, it has to hold up above 24.
QQQ is in short-term uptrend. The resistence is ar 36 then 37.
RHAT has a long way to go back its recent high.
LFC is at pullback after strong move. However, it has to hold up above 24.