{"id":9351,"date":"2011-01-24T13:10:06","date_gmt":"2011-01-24T18:10:06","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=9351"},"modified":"2011-01-24T13:10:06","modified_gmt":"2011-01-24T18:10:06","slug":"three-good-trades-in-clda","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/three-good-trades-in-clda","title":{"rendered":"Three Good Trades in CLDA"},"content":{"rendered":"<p><a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/01\/clda-trades.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/01\/clda-trades.png\" alt=\"\" title=\"clda trades\" width=\"547\" height=\"455\" class=\"aligncenter size-full wp-image-9352\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/01\/clda-trades.png 547w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/01\/clda-trades-300x249.png 300w\" sizes=\"auto, (max-width: 547px) 100vw, 547px\" \/><\/a><\/p>\n<p>1. Buy 23 with a stop of 22.89<br \/>\nThere was too much buying near 23 on the bid.  The buying was VERY different on the tape.  CLDA was still firmly positive for the day.  Was this the possible bottom?  I kicked some out at 23.60, some above 24 and sold the rest below 23.80.<\/p>\n<p>2. Buy 23.60 with a stop below 23.40<br \/>\nThis was a very big intraday level.  We spotted a ton of selling here on the tape.  CLDA really couldn&#8217;t trade above this level for a significant period of time.  And then it did.<\/p>\n<p>3. Short CLDA 23.90 with a stop if the bid holds above 23.90<br \/>\nCLDA just could not trade above this level.  Then it did but failed above 24.  23.90 resumed very significant selling.  Was this the play to load up on the short side and watch a move to below the new lows?  23.20 was an opportunity to cover some.  I passed.  Eventually I got stopped out for a small loss after being way in the money.<\/p>\n<p>Anyone have a good trade in CLDA to consider?<\/p>\n<p>Mike Bellafiore<br \/>\nAuthor, <a href=\"http:\/\/www.amazon.com\/gp\/product\/0470529407\/ref=s9_simh_gw_p14_d4_i1?pf_rd_m=ATVPDKIKX0DER&#038;pf_rd_s=center-4&#038;pf_rd_r=16HA9CWQFD14EMRKR8KM&#038;pf_rd_t=101&#038;pf_rd_p=470939031&#038;pf_rd_i=507846\"><em>One Good Trade<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>1. Buy 23 with a stop of 22.89 There was too much buying near 23 on the bid. The buying was VERY different on the tape. CLDA was still firmly positive for the day. Was this the possible bottom? I kicked some out at 23.60, some above 24 and sold the rest below 23.80. 2. Buy 23.60 with a stop &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/three-good-trades-in-clda\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[1551,4674,18,1193,1354,1349],"class_list":["post-9351","post","type-post","status-publish","format-standard","hentry","category-mike-bellafiore-bellas-blogs","tag-clda","tag-one-good-trade","tag-smb-capital","tag-trader-education","tag-trading-coach","tag-trading-mentor","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Three Good Trades in CLDA | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/three-good-trades-in-clda\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Three Good Trades in CLDA | SMB Training\" \/>\n<meta property=\"og:description\" content=\"1. Buy 23 with a stop of 22.89 There was too much buying near 23 on the bid. The buying was VERY different on the tape. CLDA was still firmly positive for the day. Was this the possible bottom? I kicked some out at 23.60, some above 24 and sold the rest below 23.80. 2. Buy 23.60 with a stop ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/three-good-trades-in-clda\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2011-01-24T18:10:06+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/01\/clda-trades.png\" \/>\n<meta name=\"author\" content=\"Bella\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bella\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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