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Sss50percentrule

$XBI update #thestratI love being able to trade this level by level during crazy markets. Almost had a double outside day today. Now a 3-2 on the day and 4 hour. Will we expand this bf, get stuck in this range, or drop? We DID close above the weekly trigger but tomorrow may decide if it can keep the momentum for the weekly upside target. This can be played either way. If it reverses, the 3-2-2d on the 4hr would be ideal to move into the sss50% trigger. 3-2-2u break is the same on the 4hr or day.
AMEX:XBI
by my_stockcorner
$CVS low risk, possible high rewardThis is worth the watch for me either way. CVS is at an interesting place. On the monthly, it did the 3-1-2 rev strat, then it reversed back up and triggered the 50% outside month. Then it rejected again. Ftfc is a bit mixed. Inside day and 3-2 4hr so it could go either way. For perspective on a ftfc thought process, a 2d on the week would push ftfc fully red on the month and quarter. The 2u on the 4hr could push it back towards the outside month trigger again. It has failed twice here so we could triple top, or continue to push out. I like the 4/29 100p or 107c for either direction. Nice risk/reward.
NYSE:CVS
by my_stockcorner