Wednesday Trade
Many have been asking about me why I have stopped posting. I have been active in the home buying process and will be moving in to my new home in a month. I am 23 and this is my first home purchase so I am doing a lot of budgeting and excel work to plan for financial success. I apologize for the inactivity but here is a set up I put myself In by accident.
I tried day trading ABBV on Tuesday, but the price kept going up and I saw this trend on the one hour chart and decided to hold my position as it does not expire until Friday.
MACD is showing a decline in bullish divergence, while D+ is showing increase in bearish divergence.
RSI is high indicating the stock is over bought and 3x confirm is firing off sell signals like crazy
My strike price is $105 a share and I see it nearing that today.
I tried day trading ABBV on Tuesday, but the price kept going up and I saw this trend on the one hour chart and decided to hold my position as it does not expire until Friday.
MACD is showing a decline in bullish divergence, while D+ is showing increase in bearish divergence.
RSI is high indicating the stock is over bought and 3x confirm is firing off sell signals like crazy
My strike price is $105 a share and I see it nearing that today.
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