HON

16 Oct.

Loss deal

22 Sep.

The stock takes a Long time to act Like what I was predict. I admit I have bothered from price action

and I admit That is so difficult To use or combine many technical school To reach a one possible result, HON give me good example as You can see the stock penetrates a resistance near 43-44$, by applying technical analysis rules, the Traders should buy This stock. On another hand, when try to apply EWP, The opposite action Should be taken (short) as showing on Chart. Sometimes I ignore EWP especially when technical analysis Shows a good signal supported with high volume, fortunately that doesn't apply on HON.

I have been waiting this stock since it was in bottom, and have a confident it will return to current prices. I might it a good chance to short stock or buy PUT option for OCT. strike 43, the target is preceding bottom. and stoploss will be announced next updating.

UPDATE

sell oct. and buy nov. same strike

60 min chart

Iam buying PUT option strike 43 Oct. before close.

WDC

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16 Sep.

Stock in the way to fall. stoploss is 28$

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7Sep.

Short setup on WDC stock, its in bearish trend for long time. Stock close above 30EMA and below 50MA. Volume is decreasing.

Iam going to buy PUT option strike 26 Oct, my target is 23$ and stoploss is close above 50MA with huge volume.

Good luck

IWM

11 Sep.

The counting in RUT is differ than other indices, I think it still in wave 2 and it hasn't completed yet, actually I see there is a good opportunity to buy IWM for very short term next week.

60 min chart.

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7 sep

chart shows a resistance and support of russel 2000.

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1Sep

markets are receiving September with a huge gain. The counting below needs to recounting one more maybe in weekend.

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31Aug

IWM is russel 2000 ishares its good when you want to chasing the russel index. I think there a room for falling this week.

I will put this post in updating group.