3rd touch on lower trend line today. It bounced off as expected.
Note
I'd put in a stop loss @$19.50Note
If selling options, I'd sell puts near the bottom of channel, and write calls near the top.I have a $23 call written. When the price gets near the top, i'll roll it hoping to get the max premium before the price falls.
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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.