MSFT - weekly support, daily RSI bullish divergence, low risk

18 Mar 2020

A good stock for swing calls, or day trade.
First stop is MSFT below 142, then below 140. If you want to preserve capital you could add a third stop below 141.

18 Mar 2020

İşlem aktif

Bought weekly 145 calls at $4.50

18 Mar 2020

Not

So... here is a lesson-
If you had calls and exited all due to stops triggering, you can re-enter different calls.
If you have a small position and still like your trade setup, you can hold your options. Also, whatever timeframe you trade on, you have to wait for candle to close.

18 Mar 2020

İşlem aktif

Held calls through afternoon drop and rise, added more at lower cost.

19 Mar 2020

İşlem kapandı: hedefe ulaştı

Calls bought at $4.50 and $2.10 sold this morning for $5.25, when stock moved up to 147.