New Trade - WMB

Romans 8:31 "What, then, shall we say in response to this? If God is for us, who can be against us?"

Time to enter the market and start making money again, here's WMB:

We've been in an uptrend, and have an entry today. There's a few things I like about this trade:

1. We've already had earnings.

2. The stochs are very low and just crossed up out of the oversold zone.

3. The MACD lines look to be coming together while it's histogram looks to be just turning bullish.

This is just a textbook entry. A close above the high of the low day on a pullback, nothing fancy, just OUR EDGE!

I bought 2 June 32 calls for $1.04 each. And look simply to get back to the most recent highs, where I'll take profit. If we get 2 consecutive closes below the low of the low day in the pullback then I'll take a loss.

Let's make some money.