Sell Alert: September 11, 2014
Sell Alert: September 11, 2014
Trade Details
Sell Splunk (SPLK) October 18th 60 Calls for $3.70 or better
Why?
SPLK has climbed above $60 and is sitting right below the 200-day moving average. The long-term moving average is serving as a strong resistance level at the moment. Meanwhile, our calls are 131% winners. Given how successful this trade has been, and how strong resistance seems to be, let’s go ahead and take our profits on this trade.
Sell your SPLK now to capture 131% gains or more.
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Category: OTW Sell Alerts