This is one of the few times when we’ve sold a put spread to get long a stock, and the link below will bring you to a video that explains the strategy in detail.
I’ve also attached a PDF file that shows all of the five buy signals on the Candle Chart for ABX. As usual, try not to overload your account with this one position. I know it’s hard to hold back, especially in one that’s showing such great signals but we want to make sure we are spreading the risk throughout our entire account. Doing this will help prevent a catastrophic loss.
Have a great trading day.
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