1. Trade Of The Day (Weekend)
This is an experiment – if it pans out, it could become a monthly presentation at the OC Traders Meetings.

2. You’ve heard them before, many times I’m sure.
Disclaimers
You’ve heard them before, many times I’m sure.

3. Nothing Is Guaranteed!
• Please understand, I am not a licensed broker or registered investment advisor.
• This is not a recommendation to buy or sell any kind of security or trading of options.
• I am simply sharing a trading strategy that I am doing with my own brokerage account.
• Success of following this strategy is not guaranteed. As with all trades and trading strategies, there is a high degree of risk.
This presentation is based on my limited personal experience. No advice is given or implied.

4. ASAY – 2.5 Yr Weekly Chart

5. Bear Flag Trade

6. InvesTools Graph – ASYS

7. InvesTools Graph – $SEMICO

8. ASYS – 9 Mo/D (chart)

9. ASYS – 9 Mo/D (indicators)

10. 3 Month/Daily

11. Trading – Selection Criteria
Short-term trade (days to weeks).
Down-trending stock making lower highs and lower lows.
High liquidity stock – average daily volume greater than 500,000 shares (1 million better).

12. Trading – Set Up Lower high. Lower low.
Typically 2-5 day movement – flag.
In a downward-trending channel.
Moving Averages:
Under 200MA (usually).
10MA, 20MA & 50MA downward-trending.

13. Trading – Entry Rules
Select low price of the high day in the flag and add .20¢.
Set SL (stop loss) 1% above the high of the high day in the flag.

14. Trading – Exit Rules Flag Exit, use Pole length + entry price = TGT.
SL adjustment:
When stock closes below swing target, move stop down to purchase price.
When Bullish Candle indicates failure to reach target, move stop down to .20¢ above high of Bullish Candle (ie: Bullish Engulfing w/hi volume).
• Consider:
– Exit on Swing Target (support at lower low).
– Upon reaching 50%-80% of TGT.

15. ASYS Trade Currently, 06/24 is high day: (closed @ $18.59)
Entry price: $ ¢ = $18.28.
TGT: $18.28 (entry) -$5.00 (Pole length) = $14.28.
SL: $ % (.1988¢) = $20.08.
Swing TGT: $17.08 (support).

16. 3 Month/Daily

17. ASYS Trade
Assume duration to TGT could be as much as twice the pole length (ie: $5.00 in 20 days x 2 = 40 days).
IF – not filled and another day is added to the flag, adjust figures based on the low of that day by .20¢ less.
Suggest placing OCO with Entry/TGT/SL prices.

18. What Are Your Options? Short the stock. Bear Call Vertical Spread.
Buy a Put.
Bear Put Vertical Spread.
Sit it out and wait for turn around.
Other options as suitable.

19. REMEMBER!!!
I’m not recommending your enter this trade set up – if you do so, you do it at your risk.
This is how I see this stock – and I’m not always correct in my trading or interpretation of the technical chart.
I will report on my outcome at the next OC Trader’s Saturday meeting – GOOD or bad.
If you make some money – buy me a beer. If you make a lot of money, I need a new car.
If you lose money – I probably will too!

20. Open For Discussion
Anybody wish to offer their reading of the chart and how they would make this trade – if at all?
Shall we take a vote?
Thanks for your attention!
Successful Trading!