BBBYQ Inverted Parabolic CurveHad to repost this idea since BBBY had a ticker change (Q). Inverted parabolic curve breaks and a "retreacement" would send BBBYQ to the motherland.
RC
inefficiency in 1 min time frame.. to the down sidea point of interest that is relatively close to the open of another inefficiency pricing found in the 15 minute time frame. a good area of interest to sell and continue to follow trend (downside) on a maybe scalp to intraday bias.
Adding to KO longsCoca Cola has risen above the the Ichimoku cloud in April and supported by it in May.
Watching the $50 resistance zone and consider adding long positions the next couple of weeks.
Still waiting, beware bulls; risk reward not so greatPro Long (Chart):
- RSI and Stochastik created buy signal
- Orange support line
Pro Long (Physical):
- ICE warehouse stocks new lows
- spreads tightening ever so slightly
Contra (Chart):
- still in middle to upper end of trend channel
- room to go in terms of lower Bollinger band
- long term trend still down
- risk/reward for long position not there
IMHO I start looking into selling put spreads out in August or September. For example the U16 110/100 p spread.
Due to the negative put skew, 1x2s also work great IMHO (selling the one buying the 2s are also an interesting idea).
