If this will squeeze we will surely pass the resistance zones with ease out of this textbook flag. $100 Premium right now for the 07/30 Calls are priced okay considering the long theta...Look to add them on or around the 2nd of July so you don't get burned (incase it comes out of this flag and gets killed given the eyes on this).
Textbook technical here and considering memes inverse major indacies, I think vix and spy are ready for some bearish sessions a head. Bored traders will pump the AMC squeeze.
Textbook technical here and considering memes inverse major indacies, I think vix and spy are ready for some bearish sessions a head. Bored traders will pump the AMC squeeze.
Trade closed: stop reached:
Pennant broke, lots of eyes on this now - will get killed most likely, too risky - taking the loss and moving on.