The chart that told me to buy PUTS yesterday for #LGF


Updated November 26, 2013 ‚óŹ 255 views

I apologize I wasn't able to post the chart yesterday. But I alerted people in Stocktwits that I bought PUTS yesterday morning with target of $30.

As LGF price crossed $31.61 Fib level, I suspect it would touch the 200 MA which is just below $30. And it did!

When it did, I sold all position for 50% profit.

Not bad for a one day trade!

1 Comments

0

I followed you on stocktwits. When I checked the chart, I thought it would touch 200MA too. So bought some puts and made 30% profit. Thanks! Keep posting charts here!

money101 · 7 years ago
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