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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Roger Louis who wrote (5029)9/25/1997 10:37:00 PM
From: Herm   of 14162
 
Roger, WNDR bounced big time today off that lower Bollinger Band and is heading towards the old high of $20. The 1 1/2 point (9.3%)rise today was a heck of a trader's bounce. The RSI reached a low of 12 1/2 before screaming back up past RSI of 30. That was a green buy flag for sure. Resistance should set in around $19-$20. Enjoy you vacation and collect your profits when you return!
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