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Options Oracle: 12/06/13

JDS Uniphase closed this week with a strong green candle supported by higher volume as it bounced off of a key support level. This leaves us with a perfect set up for a long call position in the stock. We’ve chosen the January 2016 options chain for this position. The reason for going so far […]

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Equity Oracle: 12/06/13

On November 22nd an alert went out to buy Corinthian Colleges (COCO) only if the candle was green. This contingent buy did not go through for us because the candle did not turn green and the stock wound up breaking down below support. This week the stock closed very close to the three-year support level, […]

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