Buy Alert: June 12, 2017

| June 12, 2017

Buy Alert:  June 12, 2017

 

Trade Details

Buy Cisco (CSCO) August 18, 2017 $32 CALLS up to $0.75 or better (lower)

 

Why?

Last week we saw the tech market crumble with the Nasdaq sliding several hundred points.

In my opinion, it’s a short term correction.

We had a similar tumble in the tech market in mid-March and again in mid-May.  Both times the market rallied and recovered the drop and then marched higher!

This is an opportunity to profit from the tech rally.

I could see the stock rally with the rest of the tech market in the next few weeks.  

The call options look really cheap here.

Take your position soon…

 

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Category: OTW Buy Alerts