Back to 18-9-07 : Where GOOG broke out

The GOOG trend is really one of extra ordinary bullish one. Players who swing trade by the trendline would have earned up to $100 by now.

This is an analysis of where is the practical entry and exit point to time this trade. Its a hypothetical situation, not an actual trade.

If enter at 18/9/07 break out of Inverted H&S pattern, hold till now (trenline still intact) would have earned $11,700, assuming the option was $20 to buy. Now its $137 (Nov 540 Call, assumed that time buy 2 mths in advance, 1 strike OTM when share price was $533).

Thus we can safely say, playing trend is profitable in long run, than day trade, and less stressful.