Alright, I'm comfortable with this now.
RSI divergence, Stoch RSI super strong, Deltas flipping from bear to neutral
This is still not confirmed, set a stop under 161/162 spot (or whatever your spot might be, 160 is the last low)
Buy some time, probably a month worth of theta would be good enough, maybe less depending on your general market outlook. Probably 165 strk
PT would be 168/169, take profit 1, ~172 id say at least be out half of your pos.
Let's see!
RSI divergence, Stoch RSI super strong, Deltas flipping from bear to neutral
This is still not confirmed, set a stop under 161/162 spot (or whatever your spot might be, 160 is the last low)
Buy some time, probably a month worth of theta would be good enough, maybe less depending on your general market outlook. Probably 165 strk
PT would be 168/169, take profit 1, ~172 id say at least be out half of your pos.
Let's see!
Trade active:
Great day today, BUT we are not out of the woods yet.
Trade active:
Take Profit 1 reached
Trade closed: target reached:
Second take profit area reached, gg boys.
Comment:
You can still ride this, but my PT was reached. You should be at least 5$ in the money, but there is still the seller's average above and we have a lot of events going on (debt ceiling, powell, g7, etc)
Comment:
respect the seller's average, respect the PT, take your money and run.
ABC, A ALWAYS, B BE, C CLOSING. ALWAYS BE CLOSING
ABC, A ALWAYS, B BE, C CLOSING. ALWAYS BE CLOSING
Comment:
follow brian shannon on twitter, highly recommend his book on avwaps.
Big rejection off seller's average from the recent high. dont get caught with your pants down
Big rejection off seller's average from the recent high. dont get caught with your pants down
Comment:
damn! if you bought the dip you are paid