http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:support_and_resistance
https://en.wikipedia.org/wiki/Support_and_resistance
Current examples:
Tuesday, March 27, 2018
Saturday, March 10, 2018
Meetup -Debit Spreads make sense too!
Here is an example of a 1 week bullish Debit Spread trade on IWM...
It was actually closed at around $2.25 for a nice profit, but as you can see it kept going all the way to almost full value by the end of the week.
At the Meetup we'll discuss the guideline parameters for entering & exiting the trade -which strikes, which Expiration, Implied Volatility, etc.
Opening price on Monday afternoon $1.90
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