| Dear Trader, Is a stock going up or down?? There are many ways to answer that question - trend lines, candlestick patterns, volume profile, moving averages, Fibonacci, oscillators, support and resistance, point and figure charts, Ichimoku, Gann, artificial intelligence, astrology … I can go on and on … But have you ever “fact-checked” those strategies? For example, back in July several sources were convinced that Dollar Tree (DLTR) is strong and bullish that quarter: - Investment Bank Analyst went on TV to talk up the stock
- Technical analysis indicators were bullish
- AI software was also pointing up … However, when “fact-checking” the stock, it turns out that between July 23 and August 31, DLTR has gone DOWN on average 3.09% each year, 9 of the past 10 years during this time frame. So instead of buying the stock, using a bearish options strategy to leverage DLTR yielded well over 100%+ ROI. During this week’s FREE Masterclass, Matt Choi, CMT will demo how to “fact-check” stocks like Dollar Tree (DLTR). Matt will also demo an options strategy that is best suited for these stocks. This is a must-have for options traders who are looking for aggressive returns. Tap here to sign up for the Masterclass (no cost this week) See you then! * Trading involves financial risk and is not suitable for all investors. Past results do not guarantee future performance. | 
No comments:
Post a Comment