Five Bullish Setups I'm Watching


27% profit every 20 days?

This is what Nic Chahine averages with his option 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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NetScout Systems, Inc.(NASDAQ: NTCT) wants to break out and move higher. If we close above 22.06, we can run to 24 easily.

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Intrepid Potash, Inc.(NYSE: IPI) - Nice breakout on IPI with decent volume. Momentum picking up with MACD climbing and RSI rising. Look for a quick run to $26.44 then on to $27.95

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Gulf Resources, Inc (NASDAQ: GURE) - A solid breakout today on strong volume. If the stock can break today's high of $3.17, we should see a strong follow through move. GURE will move very quickly, so keep a very close eye on the stock.

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Complete Genomics, Inc.(NASDAQ: GNOM) looks a nice long candidate. Extremely bullish moves on GNOM are taking place over the last session's.  Today, the stock jumped six per cent with good volume. MACD still giving buy signal and is currently above the 0 line. This momentum could push this stock much higher from here, so keep it on the radar. The next major resistance is located at $4.75. Existing holders may remain invested with a stop loss at $3.82. 

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Intuit Inc.(NASDAQ: INTU) - We finally got the breakout. Shares rallied past resistance near $58 and hit my trigger to open positions. The stock looks good for further gains from here.

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Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

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27% profit every 20 days?

This is what Nic Chahine averages with his option 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.


Posted In: Trading Ideas