YOUR ACTION PLAN The trade for today is on Canadian Solar (Nasdaq: CSIQ), and I want to buy on a pullback to around $40. CSIQ has earnings coming up on March 22, so I want to buy the March 24 $40 calls when the price is between $39 and $40. Ideally, I would pick up the name around $39 and use a daily close under $38 as my stop, while my target would be a move up and over $45. P.S. If you want to level up your trading game, I highly recommend joining The War Room. It's a live daily platform where you're seeing real-time trades from seasoned traders Bryan and Karim. Without communities like this, I would have never been able to quit my 9-to-5 job and trade full time. They have an 82% win rate in 2023, and right now they're guaranteeing members will receive 252 winning trades in their first 12 months. Click here to join The War Room. |
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