Hi Shoppers,
Check out the possible doji in Bank of America (Ticker: BAC):
After trading a high of $37.85 on November 30th, BAC traded a low of $31.35 on Friday and took out the low of Thursday closing right near the opening price.
I will wait for confirmation this morning of BAC trading higher.
Once it does and it’s after 10:30-11:00 or so, I will be a buyer of the Dec30 32 calls:
I think BAC can trade back up to $33 and then on to $35.
Trade Review
Those ProShares UltraPro Short S&P 500 3x (Ticker: SPXU) calls were a nice little win on Friday.
Thanks for Reading … See You Next Tuesday.
Licia Leslie