MomentumOptionsTrading.com Weekly Wrap Trade Alert (LLNW) Update for 6/9/2014
I have an update on a New Trade for the Weekly Wrap that was started this morning on a hot single-digit stock.
I have been playing the upside action since shares were at $2.16 at the end of May and my near-term and longer-term targets are $4-$5. Shares cracked $3 on this morning’s open.
Subscribers, check the Members Area for the update!
Limelight Networks (LLNW, $3.00, up $0.12) stock trade
Original Entry Price: $3.00 (6/9/14)
Lowered Price from Selling Options: None
Exit Target: $5
Stop Target: None
Action: Shares traded to a high of $3.19 shortly after the open and triggered my limit order to open another position. Shares have fallen back to entry levels prices if you haven’t started new or continued positions.