Struggling a bit but I would be a buyer at 89.65. That it means, if I see an opportunity to get in I would be short on TWX.
Learn how to beat the market as Professional Trader with an ex-insider!
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Cream Live Trading, Best Regards!
The final ruling in the anti-trust case against the proposed AT&T-Time Warner merger is expected on June 12. Either way the decision goes, price movement is likely. Current prices suggest a recovery from the recent decline. Options strategies that hedge against movement in any direction may be profitable.
There is always much to learn.
Something I have learned very important from Shane was, to observe what's going on, how price behave and what it does where. Lot's of questions to ask.
I drew the two narrow resistance lines about 1 month ago, just to observe once more, how price will react on them.
Isn't it amazing?
To catch such zones, one may ask the chart:
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