This is a "copper condor" not an iron one.
Creating 2 debit spreads that one pays off well IF COST gaps nicely and breakout out of this triangle in a nice fashion?!?!
BP has broken out of a flag pattern.However, is going negative in the coppock curve. Also, the total revenue has been the same for a while now. Im going to be relying on volatility. If its short it will be only short-termly i believe and if it is Long then short-term increase followed by pull-back then increase until Q4. Also, the moving average is providing...
Amazon's total revenue has been increasing quarter on quarter since 2012, this is shown by the stock price rise form that point. But the current trend is a head and shoulders pattern. the stock rose against the head and shoulders pattern which is only natural, could this mean a larger reversal is coming for the stock? I have chosen to hedge this earning report....