I have no idea why this is going pumptarded, but it's overbought on the intraday and pretty close on the daily.
Small position in weekly puts, already dropped 12c since I bought them....
Note: This may be a day trade or a quick flip tomorrow morning.
Small position in weekly puts, already dropped 12c since I bought them....
Note: This may be a day trade or a quick flip tomorrow morning.
Note
Appears to have rolled over after a surprise double top. Target is a modest $37.5, top of last peak. Old resistance is new support so I've been told.Note
Looks like an exhaustion gap. We'll see tomorrow.Trade closed: stop reached
Obviously not a reversal pattern. Bailed with a loss on this one. I think it's strictly a dividend play with rates being cut.
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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.