HAl - Oversold Buy

27 Kas 2017

HAL has been in a sideways consolidation for the past 2 months. Despite the rise in oil prices, HAL has maintained it's price range between $41 and $46.

Prices are currently at the bottom level, supported by the Darvas level. In addition, stochastic price levels are currently oversold.

Go long through Jan18 42 Calls when prices break $41.20. First profit target is $43.50.

27 Kas 2017

İşlem aktif

Trade entered today on price action.
Stop Loss at 40.75. Close option position if Stop Loss is reached at close of the bar.

27 Kas 2017

Not

Options filled @ 1.09/contract on break below $41.20.

3 Ara 2017

İşlem kapandı: hedefe ulaştı

43.50 profit target hit 12/1. I took 1/2 position profit and will allow 1/2 position to run to see if we are drawn to 200sma around 44.50.

4 Ara 2017

İşlem kapandı: hedefe ulaştı

Selling remaining today on move to 44.50 and 200sma.