Options Trading: Investing in Cybersecurity | Simpler Trading - YouTube

Channel: Simpler Trading

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Hey it's Danielle and welcome to the free video聽 so the indexes have been pretty back and forth聽聽
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we've had the whole cell in may go away situation聽 coming through so I figured it was a good time聽聽
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to look at picking up some long-term names聽 for my stock account so one of the first ones聽聽
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that I have already started picking up is聽 going to be HACK this is the cybersecurity ETF聽聽
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you can see on this weekly chart that we have聽 quite a bit of consolidation right around the 55聽聽
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price point but yet we also have a positive聽 volume and we have a weekly squeeze so聽聽
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I'm looking for that consolidation to break out聽 to the upside and I'm targeting a price point of聽聽
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about 67 and then 70 now the ETF is nice because聽 the cybersecurity stocks are really volatile聽聽
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and when you can just focus on the basket as a聽 whole instead of having to trade an individual聽聽
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name it's going to give you a lot of volatility聽 you know can be a little bit easier and you know聽聽
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it doesn't require as much intestinal fortitude聽 now if you want to trade some individual names聽聽
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one of my favorites is going to be Cloud Flare the聽 ticker is going to be net you can see on a daily聽聽
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chart it's been super volatile but on a weekly聽 chart you can really see that consolidation you聽聽
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can see the positive volume you can see there's聽 another earnings report coming up in August聽聽
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and you can see the overall target of 100 and then聽 105 dollars so 70 stock you know 100 price target聽聽
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not so bad so I do like that one and I also like聽 CrowdStrike you can see that again on this one聽聽
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you have that weekly squeeze you have the positive聽 volume currently trading at 188 and targeting 273.聽聽
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so it's pretty, pretty good for some potential聽 upside you know again these are tickers that聽聽
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I wouldn't really trade right now in the options聽 market just because they are pretty volatile the聽聽
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pattern patterns on the daily charts aren't聽 that great so makes a little bit difficult聽聽
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to trade on a short-term basis but as far as聽 long-term stock picks go I think those are聽聽
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great ones to be getting in right now so if you聽 want to join me tomorrow I am going to be having聽聽
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a live trading session and my Stack Profits聽 Mastery Program this is gonna be my option service聽聽
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we have our monthly live training tomorrow聽 which is gonna be on the 18th it's gonna聽聽
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be at one o'clock central we're gonna be going聽 through earnings in lowe's and a couple other key聽聽
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tickers probably Target we also have John Deere聽 later in the week Kohl's so that's a little bit聽聽
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about what we're going to be training tomorrow聽 you can check that out at SimplerTrading.com/profits聽聽
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also want to let you know about a special聽 sale that we're having today and a new thing that聽聽
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we're starting up my earnings class was such a聽 hit that we decided to do quarterly trading as it聽聽
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relates to the run into earnings so this quarterly聽 live trading session is gonna be in June but we're聽聽
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having a flash sale right now where if you sign聽 up now you're gonna get three days instead of two聽聽
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so this quarterly live trading is going to focus聽 on the run into earnings for the July earnings聽聽
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series basically when you're trading the running聽 earnings you really need to start getting in or聽聽
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at least being aware of which tickers you want to聽 get into three to four weeks prior to the reports聽聽
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so the best time to be getting set up is going聽 to be in June so if you check that out here聽聽
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SimplerTrading.com/Quarterly you can find this聽 page and learn a little bit more information聽聽
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about what I'm going to be doing in聽 June other than that I hope you have聽聽
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a great rest of your day and a great rest of聽 your week and I'll see you in the next one聽聽
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without Simpler Trading I could not have financial聽 independence this is one of the best investments聽聽
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I ever made in my life it's helping me find聽 consistency one of the things that won me