$TLT breaking down? $80 target?

14 mag

TLT looks to be breaking down out of a bear flag.

We've already had multiple touches of the lower trend line and now it looks like price has broken through.

I think the most likely target is $79-80, but I've included multiple supports just incase we see a larger move than I'm expecting.

I'm looking to buy those levels should they hit as I think we'll see a longer term bullish move afterwards.

21 mag

Nota

Took some profits on my TLT put, will add it back if we bounce higher.

29 mag

Ordine annullato

I got out of my trade on that move down and to be honest, the chart is shaping up now. Not sure if we get another move down so I'm fully out of this trade.

2 giu

Nota

Welp might get that move down, chart took a turn for the downside over the weekend, but likely wont' take the trade, just going to wait until we bottom to long.

3 giu

Nota

Yeah I'm actually still thinking the long looks better than a continued short here.

6 giu

Nota

I actually ended up buying some $90C for 6/20