Let's take a stab here this move is overdone.
Commento:
Commento:
This is not a bad place to take some profit off the table.
Follow me for some interesting Risk:Reward ideas. I have a purely technical analysis approach. I mainly watch and trade US stocks that have weekly options. This is not an investment advice, do your own due diligence.
Sold a few calls near the target to reduce cost basis in case this fails, and capture premium even if it hits target.