TRADE - weekly 310 call - good place for a bounce up
Here are my thoughts on trade:
* price is near top of cloud, and this gap lower open could result in buying back to 310 (also back to 10sma on weekly chart)
* RSI is around 38 as I write this, as long as it stays over 33.33 on daily this is a support zone
* I am keeping position small and exit is below 10:45am low of 298.40
* stochastic on 30min chart is higher than RSI, and it usually leads price
If my position stops out I am not buying puts today.
* price is near top of cloud, and this gap lower open could result in buying back to 310 (also back to 10sma on weekly chart)
* RSI is around 38 as I write this, as long as it stays over 33.33 on daily this is a support zone
* I am keeping position small and exit is below 10:45am low of 298.40
* stochastic on 30min chart is higher than RSI, and it usually leads price
If my position stops out I am not buying puts today.
Trade chiuso: stop raggiunto
Stop reached. bought at $1.67 and sold at $1.56. Higher IV helped reduce my loss.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.