Trade Alert – APPS**/Z** – 10/21/2020
Hi Profit Accelerator Traders!
Here are the trades:
CALL / PUT: CALL
EXPIRATION: 20 NOV 2020
ENTRY: PRICE RANGE: $6.20 or Better
** This trade will trigger IF APPS prints bullish candles above a 10 exponential moving average. EXTREMELY IMPORTANT: APPS announces earnings after-market on Oct. 29 so the trade must be exited before market close that day.
CALL / PUT: PUTS
EXPIRATION: 30 OCT 2020
ENTRY: PRICE RANGE $4 or better
**This trade will trigger IF Z prints a bearish candle below the 10 exponential moving average. EXTREMELY IMPORTANT: Z announces earnings after-market on Nov 5 so the trade must be exited before market close that day.
*Keep in mind, these are not hard stop rules. You can always chose to exit trades early or stay in trades longer.
*NOTE: Negotiations for another round of stimulus along with major stocks announcing earnings this week and next will continue to add to market volatility. Keep position size small and use caution in these markets.