This is a second trade in a bank stock that shot higher after earnings last week and dipped slightly today after making a new 52 week high. I placed one trade last week after earnings and added in this trade today. I will add further trades if the stock should fall back.
The rest of this trade alert and ideas article is for FullyInformed Members.
7th Trade Alert and Idea for Mon Oct 18 2021
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.