Earnings spike caused overbought indicators on several time frames and charts, high stochastics, high daily rsi, bollinger bands pierced, gap to fill with cloud resistance. Looking for small scalp. Bought puts this morning around $144 range. Bought August 19 $142 puts. Traders should be wary of buying bear market rallies most stocks today will be lower in a few months. GL
Trade closed manually
Well that was quick, I said if I had over 33% profit today I'd take it. Hopefully goes up again tomorrow to re-enter.
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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.