Let's start with the good news, GRRR calls at new highs this morning: GRRR Calls Two weeks into this trade = Exponential returns with more expected. GRRR 120 Minute Chart The EW pattern above allows for much further upside (35-43) as price bounced off of Fib support over Christmas. So long as support holds above 20-22 we will continue to hold Jan calls into expiration week. Next GRRR? Exponential returns in two weeks is just one reason to subscribe to the PRO Service, home of high risk - high reward trades. I'm already scanning for the next one and January is offering up two themes that could produce same. Despite today's rally, the big picture is still full of downside risk, with next week standing out as a key time frame for the intermediate term. A bullish resolution would open the door for several individual stock opportunities akin to GRRR. A downside resolution offers huge leverage for SQQQ-type options. Either way, multiple several hundred percent option return opportunities will abound. Stay tuned.
