Taking Profits: Monday, Oct 7th, 2019 – HPQ
DailyPlay Positions Outlook:
Markets have broken down below our key $295 support level and we have reduced most of our long exposure earlier this week. We have started to establish short positions to seek further downside and taking profits on earlier shorts. Markets bounced back to overbought and will test a key $295 resistance level this week. If $295 holds as resistance, expect some further selling towards $285 support area.
- HPQ – 128% Gains: Long Nov 15 17/19 Put Verticals @ $1.57
DailyPlay Trades & Performance
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