VZ Long

In position - next fib = first pt

smi bull cross

Note

+150 JUN 18 57.5 Call

Trade active

Note

Hit first pt- sold +75 contracts for 25% profit. S/L at breakeven.

Note

VZ Showing really good relative strength! Spy selling off mid-day, but VZ still able to rally up a couple cents!

Note

Sell-off happening due to hitting first fib level + late day SPY sell-off. Will continue to hold, as contracts are currently up 21%. I don't expect any major selling off to occur after hours, but will most likely exit position with little profit if VZ remains flat overnight/at market open tomorrow.

Trade closed: target reached

tacosaucewalkin

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tacosaucewalkin

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