Re: Help!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!
I think u might hv bot BOI shs on 11/5
It had gone up steeply and was overbot.
Hourly macd was going down since 8/5 ! so it was going up on -ve divergences. Though -ve divergences does not mean shorting atleast caution is rqd in going long.
before buying I think u shd look at hourly charts see where its headed. All were bullish on this stock giving tgts of 170+!
selling call willnot hedge it properly. it wud hv been better had u bot a put say 150 put.
Now whts the solution? 15 mins chart is improving shd bounce back to 150 Ifeel .
Keep a stop of 143 .