Why is it that broken lines of resistance being used as new support (works vice-versa as well)? Because it works virtually every time! ๐๐๐ฏ
We had sizable 3/21
HOOD puts in the WAVE$ Portfolio for the past week, and early this morning we locked-in a 4X profit. ๐๐ผ๐๐ธ
We then used those put-profits to shark up some more
UBER and
RIOT call options, and establish a NEW call options position on $HOOD. ๐๐๐๐ฆ
I think that
HOOD has bottomed out following that re-test of broken resistance (yellow trend line), and although it may take a bit to see new highs, I think that we'll be seeing mostly upside from here. โ๏ธโ๏ธ
-Royce ๐ค๐ผ
We had sizable 3/21
We then used those put-profits to shark up some more
I think that
-Royce ๐ค๐ผ
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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.