I'm lookin at two possible All trade setups:
Long Swing Trade:
breakout from descending channel
Position: 7Dec 120 Calls
Entry: ~116
PT1: 120
PT2: 125
Long term Trade:
Holding support at 125 will trigger initial entry and DCA accumulation
Short Swing Trade:
PA back to bottom of channel
Position:
Entry: ~114
Position: 17Dec 110 puts
PT1:110
Long Swing Trade:
breakout from descending channel
Position: 7Dec 120 Calls
Entry: ~116
PT1: 120
PT2: 125
Long term Trade:
Holding support at 125 will trigger initial entry and DCA accumulation
Short Swing Trade:
PA back to bottom of channel
Position:
Entry: ~114
Position: 17Dec 110 puts
PT1:110
Trade active:
After reconsidering, I opened a 17Dec 115 straddle
I'll cut the if the price breaks down from wedge and cut the put if the price breaks above 116 with volume
I'll cut the if the price breaks down from wedge and cut the put if the price breaks above 116 with volume