$AKS Bearish Rising Wedge heading into earnings Monday before market opens. Note: US Steel (X) sold off significantly post earnings earlier this week. Currently long 05/04 PUTS
AKS is filling out its pennant. I will be looking at this for a potential long position. Profit targets will be 5.78 and 6.18. Cheers!
AKS has pulled back to 61.8% Fibonacci level and building a strong support at this current price range. Adjusting stop loss. No sell limit.
My prediction is that AKS will have a strong earning and will resume its bullishness a week ago (July 19). Right now, we are in a pullback stage. RSI indicates that AKS is oversold. This price at $6.19 is the price that I decide to go in. The Risk/Reward Ratio of this trade is 2.93
AKS should bounce after the last 3 earnings being better then expected but didn't. It doesn't appear that people are buying into the earnings either. Since 7/14 the stock has double digit short percentage. While more the half the stock is owned by major players. That is what i think is keeping this stock down. It is not what i call a peoples stock-that is when...
STLD, appears to be breaking higher out of the bull flag. With the entire sector moving higher like X, AKS, AA, CENX, I think this is a low risk play here. Should be good as long as we stay above the 50SMA.
breaking downtrend of past two months. hoping to see continuation of overall long term uptrend this year. $AKS
STLD looks to be forming a bull flag with upside potential to $50. Trump is bullish on Steel stocks. Could we get a break out soon? I think so.
Ugh. Doing my weekly market review/screening and there is literally nothing high IVR/high IV to play ... . Nada ... . Zilch ... . One option is to sell puts in one of these "just high IV" underlyings: VRX: April 21st 11 goes for .56 AKS: April 21st 7 goes for .31 AMD: April 21st 13 goes for .66 WLL: April 21st 8 goes for .28 CLF April 21st 8 goes for .34 X:...
small gap today. If we break above the high of today, it looks more bullish. Ultimate target would be 11.04 Order will be a stop/limit at 9.21 to open
- Been swinging Call Options on AKS since week end 11616; Purchased 4 Calls (Strike Price 10.50) on the Market Open Monday AM w/ a Limit Order price of .29. - Averaged down w/ purchase of 6 more Contracts the following day w/ Lower Low (Consolidation) being set in @ limit price of .15. Held position - FED Hike in hopes of a Market/Metals Rally to no avail. - ...
Doesn't look like it will retest down to 9.45. Updated entry is 9.68 with a stop at 8.96. Would have liked to enter today at 9.85, but funds are all tied up in a botched HLT trade. Looking for entry to trigger tomorrow. If not, we most likely won't be triggered in to this one. Updated idea gets 2 R closer to the resistance level at 11.04 and below the recent...
Retest gap today. Looking to buy the pullback. could look to exit at 11.04 since there is a long term resistance level there.
It was either this little fella or X ... . Bought 100 Shares at 4.60 Sold the Oct 21st 5 call Filled for a 4.29 debit Max Profit: $71 (if called away at 5) ROC: 16.6%