1. UPSIDE H FORMING ON THE DAILY 2. BULLISH RETRACEMENT AFTER STRONG SELLING PRESSURE 3. RIDING THE 9 EMA ON THE DAILY AS SUPPORT 4. MIDDLE OF LRC ON SMALLER TIMEFRAMES 5. SITTING ABOVE NEAR TERM VOLUME ON PRICE AXIS 6. POSSIBLE UPSIDE GAP FILL ON THE WEEKLY 7. POSSIBLE EARNINGS RUN UP 8. MACD LOST BUY PRESSURE, THEN FIRED GREEN AGAIN
BREAK OF 24.27 IS YOUR ENTRY. 24.83 POSS RESISTANCE
APRIL 24C HAS 15K OI MAY 24C 10K OI, 30C 5K OI TIGHT SPREAD JUNE 24/25/26C CHAINS PRETTY STACKED
POSSIBLE BEAR CASE
1. TOP OF LRC ON THE DAILY 2. LOSING BULLISH MOMO ON TTM 3. RSI APPROACHING OVERBOUGHT TERRITORY 4. MACD/SIGNAL LINES ALSO OVERBOUGHT
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.
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.