Confident this is in a upper wedge pattern.
Wait for confirmation of resistance prior to short entry - as of now the moving averages are still bullish
The RSI is textbook for nominating this stock for the short
How I will play it:
Simple Option Entry
o ITM puts (within 3 strikes)
o 1 -Year Out
o High Delta
o Double Check Volume Bars
Wait for confirmation of resistance prior to short entry - as of now the moving averages are still bullish
The RSI is textbook for nominating this stock for the short
How I will play it:
Simple Option Entry
o ITM puts (within 3 strikes)
o 1 -Year Out
o High Delta
o Double Check Volume Bars
Trade active:
Can't make this stuff up. Textbook.
Trade active.
Trade active.
Trade closed manually:
Just sideways action. Short closed.