Taking this 5R long here for 3 primary reasons:
1. Net exposure is to the downside, this looks like a nice counterbalance with oil in the dumps
2. Active weekly RE Buy after a RE from the 15W mode
3. Price has pulled back to a key earnings level, with another one $1.50 below it,
which should act as a level where strong buying pressure will arrive.
GL!
1. Net exposure is to the downside, this looks like a nice counterbalance with oil in the dumps
2. Active weekly RE Buy after a RE from the 15W mode
3. Price has pulled back to a key earnings level, with another one $1.50 below it,
which should act as a level where strong buying pressure will arrive.
GL!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.