Hi Shoppers,

I think Verizon Communications (Ticker: VZ) is busting out and looks like clear sailing above:

I think VZ is wide open to trade back up to $44.56 where the 200 day moving average comes in.

Next week’s 40 calls don’t seem to be a bad deal.

Draw in that mini upward trendline to use as your stop loss level right around $39.50.

Trade Review

Nvidia (Ticker: NVDA) may have had a reversal yesterday. Will be interesting to see what it does today.

I sold half my call in Wells Fargo (Ticker: WFC) yesterday. It was able to stay pretty strong during yesterday’s sell off. I still think it can trade towards $43.

Thanks for Reading … See You Next Tuesday.

Licia Leslie