Hi Shoppers,
I am seeing a doji on Verizon Communications (Ticker: VZ) which could be signaling a reversal in trend:
There could also be a double bottom.
Just remember before jumping in, wait for the confirmation which means you want to see VZ trade higher.
Also, wait until around 11 ET, which gives the market time to sort out what it is going to do.
Next week’s 41 calls could possibly be purchased for under $.60.
Trade Review
My Apple (Ticker: AAPL) calls I sold for 121% profit and my Alphabet (Ticker: GOOGL) calls I scratched. I could have made $.50 on them, but I scratched. GOOGL did not participate in that giant rally last week.
Quantumscape (Ticker: QS) has traded up to $12.75 on Thursday, that is up over $2.00 since my write up. Looks exhausted here.
Thanks for Reading … See You Next Tuesday.
Licia Leslie