Always attempt to be 100% honest on my predictions, failures, and wins
Picked up this position yesterday (6/22) on the market open at 17.31. I took the position after seeing a 40%+ correction over a 3-day period, June 8th - June 11th; another 18% correction took place June 16th, followed by one more correction of 15% on June 19th.
Given that June has seen some massive downward moves to a low of 16.50, I believe there is some upside, as you can see the compression occurring with opportunity to break-out to the next resistance level at 20.10, followed by one more at 22.65.
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