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Bull Bets on a Short-Term Bounce for Massey Energy

Posted on April 20th, 2010 in bull, call spread, calls, earnings, India Shares, inthenews, massey energy, MEE, options, technical analysis

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Massey Energy MEE logoThe shares of Massey Energy (MEE) have dropped substantially since April 6, when news broke of a deadly explosion at the company’s Upper Big Branch mine in West Virginia. As a result of this devastating development, the stock is now trading below several layers of former technical support, including its 10-week and 20-week moving averages.

However, after checking out Monday’s option activity, at least one bullish bettor is banking on a short-term recovery for the commodity concern. Shortly after midday, MEE was the target of a moderately optimistic long call spread strategy.

Continue reading Bull Bets on a Short-Term Bounce for Massey Energy

Bull Bets on a Short-Term Bounce for Massey Energy originally appeared on BloggingStocks on Tue, 20 Apr 2010 13:00:00 EST. Please see our terms for use of feeds.

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Sensex UP by 507 points

Posted on November 04th, 2009 in BseIndia, bull, India, India Shares, sensex

Not sure what changed from yesetrday to today , it was down by 493 points yesterday and up by 507 points today , if you sum it up its like no loss no gain.Global markets recovered today and also comments by Finance Minister Pranab Mukherjee on Tuesday, 3 November 2009, that there are no immediate [...]

Sensex UP by 507 points is a post from: First Blog for Indian Financial Market

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