Wednesday, May 20, 2015

Wednesday's Agenda

The lone survivor of the early rounds of analysis, WFC, has pulled back from its bull signal poeak but remains beyond the 20-day price channel.

WFC has low historical odds of bull signals resulting in profitable trades, so I'm looking for a pullback to make the case for a non-directional trade. What I see on the chart is good enough, so I'll post an analysis later in the day.

I shall also analyze BBY as a potential trade coinciding with an earnings announement.

-- Tim Bovee, Portland, Oregon, May 20, 2015


My volatility trading rules can be read here.


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Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.

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