See the double top? When the markets open today I'll put a sell order, prices is testing the broken support. At the same time SPY is testing the 500 level and I think is going to be rejected again so expect another sell off soon. Is going to take more for the market to break out the 500 level. We will see a lot of volatility in on the upcoming days and I intend to use it in my favor.
Comment:
This is going down. Since I still have long positions and this is my only short, is kind of heavy to hedge my portfolio. If it breaks down the 40 support, we will have a HS.
Trade closed manually:
I'm closing my short with some profit. Price is testing too many times the 45 resistance. The company is in negotiations with the Gov for a 10B subside.
Comment:
I opened a short again, it looks very bearish:
Comment:
Still holding some puts. I sold some on the bottom and I bought more on top. I buy puts at every rally, this one is going down eventually:
Trade closed: target reached:
Closed everything.