The Next Profit Accelerator Trades Are Ready:
We got our triggers!
BUY call (or stock if you prefer above $42.25)
EXPIRATION: DEC 17
ENTRY: PRICE RANGE: $1.75 or Better
*KR is bouncing off the 10 ema. They announce earnings sometime around Dec 10, so double check for confirmed earnings and exit prior to the announcement to minimize risk.
BUY CALL (or stock if you prefer if the stock trades above $94)
EXPIRATION: JAN 21
ENTRY: PRICE RANGE: $8.60 or Better
*WYNN is selling off after earnings (after a slight rally). It is approaching the moving averages. If these averages hold as support and WYNN rallies above $94, we have our bullish entry signal.
NOTE: Keep in mind the markets are volatile and news driven these days and we are in the middle of earnings season (check the earnings calendar before entering trades). Consider smaller positions with clear and reasonable stops for your portfolio. Also, take consider taking profits when stocks approach resistance levels.
*Keep in mind, these are not hard stop rules. You can always chose to exit trades early or stay in trades longer.