Long

$RHT - (Lessons from this week) "Nope, not the bottom yet"

Bullish candle set up with on oversold (Black) RSI. Moves to be made for sure but, don't waste theta for the temporary bounce before a potential bottom. Expecting a lot sooner than later for this to see $160 before sitting back @ $175 again. Peep any intra-day (Minute) duration & you'll be able to diverge where the money flow (28 interval) is @ relative to RSI. I'll JUMP on OTM calls if I see the dip down to $128. Other than that, I'd be skeptical.

Since TSLA fucked my shit up, I'll be sure to bloat hella hard if I'm on the $ with this one.
Preferred setup:

Falling 3 method (no break of resistance), $139 - $140 close

(1) Long black candle below $132.50 or (2) long black candles w/ slight break of support ($132)

Confirmation is iffy - preferably doji break below $128-$129 (closing above $129) or Ladder bottom followed by bullish candle & or upside tasuki gap.

But yeea GL my guy
Candlestick AnalysisSupply and Demand

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