EFuture Tech Info Doubles And Retreats

eFuture Information Technology Inc. (NASDAQ: EFUT) shares are trading higher by $7.35 at $15.50 in Friday's session. The catalyst for the rally is the announcement that Shijii (Hong Kong) has taken at 50.51$ percent stake n the company.After a sharply higher open, it continued to rally before finding resistance at $18.38 and reversing course. That high coincides with its May 2008 high at $18.43. Since making the high it drifted lower, reaching $15.08 so far, but has not been able to distance itself from that low.

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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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.


Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.Do you like this article? Do you have suggestions for improvement? Please email feedback@benzinga.com
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