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Sell High-Buy Low + Exhaustion + Retracement
ABX is up at a level that sellers love to ask for. It has tremendous selling pressure at 18
I am going to trade this stock to a price target of $16 before earnings using options, Mar17 17 Puts:
Trigger: .73
Stop: .53
Target: 1.33
R:R: 3:1
Plan A: Look for this trade to work and close before earnings regardless of profit or loss.
Plan B: Stick to Plan A
I am going to trade this stock to a price target of $16 before earnings using options, Mar17 17 Puts:
Trigger: .73
Stop: .53
Target: 1.33
R:R: 3:1
Plan A: Look for this trade to work and close before earnings regardless of profit or loss.
Plan B: Stick to Plan A
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