Forex Stock Exchange Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Go down
Number of messages : 167
Points : 2528
Date of Entry : 2015-08-04
Year : 51
Residence Country : Mexico

attention Costco Wholesale Corporation (COST)

Fri Jan 27, 2017 8:41 pm
Costco Wholesale Corporation (COST), $161.16.

Daily Chart

[You must be registered and logged in to see this image.]
Trade:  We recommend selling 10 Mar 167.5/172.5 bear call spread (21 DTE) for a net credit of $400.
Strategy:   Bearish Wide Range Bar (-WRB) breakdown from Major Resistance.

Max Gain:  $400 premium received.
ROI:  8.7% in 21 days ($400/$4,600 max loss), with 4% cushion to break even of $167.90.

Max Loss:  $4,600, but less with stop posted.
Stop Loss:  $165.32

source: mastertrader
Back to top
Permissions in this forum:
You cannot reply to topics in this forum