Several Reasons I like the risk-reward in this trade:
1) Holding the Volume Shelf which often acts a launch pad on the Volume Profile
2) Huge Call Buying in the July 16 155s Friday
3) Cup and Handle which is a bullish pattern
4) Positive MACD cross well above the zero line
1) Holding the Volume Shelf which often acts a launch pad on the Volume Profile
2) Huge Call Buying in the July 16 155s Friday
3) Cup and Handle which is a bullish pattern
4) Positive MACD cross well above the zero line