Stochastic Divergence and Walton Family Selling

2月29日

A classic divergence on the daily stochastic mixed with insider selling ($4.5 billion) equals a possible local top. That it. That's the thesis. Keep it simple.

Using Jan 25 Puts @ $61.67 for $4.25 a contract. This is very cheap. A run of the mill 10% correction yields a 100% gain at expiration. Hopefully much more If the divergence plays out and this is a local top!

2月29日

ノート

Correction: 1.5 Billion sales

3月22日

ノート

Still in this. The divergence is still there to my surprise and the pa today looks promising.

4月3日

ノート

Sold out for +22%. Its looking a little oversold now and the stochastic has a bullish cross. Its not far from the 34 and 50 day MA as well. If price gets below the 34 and 50 I'll look to reenter

4月4日

ノート

I know it shows red so far above but I added on that mini double top

4月10日

ノート

need above 61.55 for a long position. looking bullish now after a period of sideways consolidation. Today could be a fake out so ill look to short below 58.6

4月18日

ノート

Looks like a short again. That 48 EMA needs to be taken out IMO before entering. worth a small position down to it if you must short

4月23日

ノート

I'm short again. Using weekly puts this time. Busted trade with an hourly close above the hourly period 48 ema

4月24日

ノート

busted. closed flat after doubling yesterday >:(