Buying Long Term: buying longterm IMAX at 18.50 2x OVERSIZE
Posted: Fri Jul 29, 2011 3:16 pm
Buying Long Term: buying longterm IMAX at 18.50 2x OVERSIZED , today IMAX hit a very strong 18 buck resistance level where I have to accumulate despite disappointment in Es on a move I believe to be exaggerated. Mental stop on this entry will be 17.50. Trying to catch a falling knife here with a target of 24.50
This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!
This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!