Puts on ADI
~SL above ATH (180.77)
~PT1 172.50 (could see strong support here)
~PT2 170
~PT3 168
RSI divergence on last 2 ATH, a rejection at the resistance line in an uptrend, gap to fill on down 168-170
We saw a double bottom from this last impulsive move. a pullback to the neckline at PT1 very likely.
~SL above ATH (180.77)
~PT1 172.50 (could see strong support here)
~PT2 170
~PT3 168
RSI divergence on last 2 ATH, a rejection at the resistance line in an uptrend, gap to fill on down 168-170
We saw a double bottom from this last impulsive move. a pullback to the neckline at PT1 very likely.
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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.