18-10-07 : GOOG pre-earning play. Last Chance.

Tonite is last nite before the earning which will be announced after market close tonite. Pre-earning play ends at 4am tonite.

So you want to take the chance for a call?

if market is bearish tonite, forget it. If market is bullish tonite, then go for a quick call, enter tonite, exit before market close tonite.

Here's the plan. there's 2 path possible if the market is bullish, and if the share is bullish :



The retracement must occur, and the reversal up must occur for this trade to take effect. If not, dont risk. Dont even enter the trade.

So enter at 630 level, or 627 level. Must see a white cdl reversal up before enter the trade. Good Luck.

18-10-07 : GOOG is back on track

oh well, GOOG did go up before earning after all, just delayed.
In fact, if you are a believer of GOOG pre-earning play, you would be in for a wind-fall, after the retracement, the Nov07 $670 call is really cheap ($12).

So what happened to all my put plans last nite? Didnt execute. The market sentiment is bullish last nite, so all puts are put on hold.

Then, then, how about call last nite? Is there any signals for a call? Yes.

Both 15mins and 5mins charts show signals to enter a call at $626 level.

15min chart
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5min chart
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