This is a good example of a typical trade alert:
|
TYPE |
COMPANY | SYMBOL | ENTRY (DAY) | TARGET (GTC) | STOP-LOSS (GTC) |
| Buy Call | Baidu January 240 Call
Exp. 01/19/2018 |
BIDU | 4.25 | 7.50 |
2.75 |
Notes: Baidu has pulled back with the overall market but has held support as you can see on the chart below. A move through $234 should trigger a run to $237/$238 and if through it’ll give it room to the recent levels around $242. We’ve been patient though the chop surrounding the tax bill, but now with it passed we do expect to see the Santa Rally take this market on a slow float higher to close out 2017.
Current BID/ASK: 4.05-4.35
