Next target on IQ $34-$35!?

Very nice bullish uptrend. Bought back my June $30 covered calls for a small loss today. Looking to ride this wave up to $45+ :)

Trade active

Cost basis is $20.88.

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Nice...went into the close and saw some selling at the end of day. I can see IQ grinding up in the channel.

Looks like recently for every big up day, she resets for 1-3 days. Trend is your friend so buy a pull back and wait.

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*Into the cloud

haha

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Right into the cloud and top of the channel. Looks like an evening star reversal. Today would have been a good day to sell covered calls. I do expect some selling to occur in the next few days, but you never know ;).

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WOW

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$45 target looks to be hit sooner rather than later.

Trade closed manually

Sold at 38.71 for an 86% gain. Will look to buy again at 34.61 and 32.40.

brianweber

Buy higher and sell higher, and manage your risk to make more than you lose!!

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brianweber

Buy higher and sell higher, and manage your risk to make more than you lose!!

Also on: