What's up fellow investors
We are currently loading up on LCTX , we expect this to be a 3$ stock before the summer considering the products + pipeline this company has to offer.
Do your own deep dive on this one !
Our average right now is 1.42 , we add on dips or momentum break ups.
With the Corona Virus outbreak we expect L'oreal to pull back after earnings , there are some concerns on how much impact the Corona Virus will have on L'oreal bussiness in China (which had a strong growth previous year).
We agree that the fundamentels off L'oreal are strong but the techincals are not looking that great, we had a false breakout on the daily...
Personally i think a lot of people gonna protect their capital in some of these high paying yield retailers who have taken a hit. past couple months.
That's why i expect a squeeze soon with 2 gap fill targets (seen on chart)
Proctor and Gamble seriously overvalued here before earnings (22 October)
I expect a small correction before earnings.
My Play;:
2 Contracts 4th Oct $123.00 Put @1.20
What's up fellow traders
TVIX looks really interesting at these levels with current economic circumstances.
My goal is to build a long position if volatility start squeezing again to hedge part of my portfolio.
I have a risk level from 1-5 (1 is low risk , 5 is high risk)
First Trade (Risk level 1)
I have a buy order set at 12.40
Entry: 12.40
Stop/Loss :...
