Trade Entry – LOW* / TOL* – 05/06/2021 – WITH A VIDEO
The Next Profit Accelerator Trades Are Ready:
BUY CALL (or stock if you prefer above $204.80)
EXPIRATION: MAY 21
ENTRY: PRICE RANGE: $8.60 or Better
*LOW announces earnings sometime around May 19th before market. The earnings have not been confirmed yet. This trade will trigger if LOW breaks above $204.80 and also must be exited before earnings are released (to minimize risk).
BUY CALL (or stock if you prefer if the stock approaches $64)
EXPIRATION: MAY 28
ENTRY: PRICE RANGE: $3 or Better
* TOL announces earnings on May 25 after market. This trade will trigger if TOL retraces to $64 (we are looking for a bounce off the 10 ema.)
These markets have been volatile with a rotation of money to different sectors and a few heavy earnings weeks. The retirement patterns that set up were there right before earnings so out of an abundance of caution we want to avoid those until after earnings. Both these trade ideas have earnings coming up near the end of May so these are swing trades.
*Keep in mind, these are not hard stop rules. You can always chose to exit trades early or stay in trades longer.