Second test of resist around 280ish. Options look like they're pricing in a 275 support in the near-term. Question will be if we'll get a reversal back up at the 100DMA or if we'll fall through it?
Short term long with protective put. "Breakout" is very low volume. Not strong indicator of having enough strength to continue to move upwards without some reversion. Upward resistance expected at previous two local peaks. Older bullish channels (possible support) represented by blue and green channels.