Tuesday, July 31, 2012

Thinking of adding 25% position in FB calls

This is most likely for a very short term trade, around 1 p.m. today the FB charts started looking better, they looks almost as if they want to pop quickly. I'll be looking to add 1/2 of a spec position or 25% of normal in FB calls

 1 min after 1 pm started holding its own

 2 min making new highs as the day goes by

 3 min is seeing the migration, it looks like something is going on here.

And 5 min is moving to new highs on the day as well.

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