27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Shares of iShares S&P Latin America 40 Index Fund (AMEX: ILF) are trading up 0.7% to $52.05 today on above average volume. Approximately 1.7 million shares have traded hands today vs. average 30-day volume of 1.5 million shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of ILF to see if this bullish momentum will continue.
SmarTrend is monitoring the recent change of momentum in iShares S&P Latin America 40 Index Fund. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of iShares S&P Latin America 40 Index Fund in search of a potential trend change.
In the last five trading sessions, the 50-day MA has fallen 0.17% while the 200-day MA has remained constant.
In the past 52 weeks, shares of iShares S&P Latin America 40 Index Fund have traded between a low of $42.04 and a high of $55.38 and are now at $52.01, which is 24% above that low price.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com
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27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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