Inside day, of an inside week: ready for an explosive move
This pair has shown it found value around the options expiration line below price as I type this.
I expect it to retest said line, to then move higher up, reaching the previous week high at the very least.
Look for a solid directional move up on the NY open tomorrow as confirmation, for now a limit buy at or around the options expiration line should be a good idea (with a 1 atr stop).
I expect it to retest said line, to then move higher up, reaching the previous week high at the very least.
Look for a solid directional move up on the NY open tomorrow as confirmation, for now a limit buy at or around the options expiration line should be a good idea (with a 1 atr stop).