Long
Hidden Bullish Divergence
See notes on chart. Black lines are the bullish divergence.
I purchased 3 Jan 77.5 calls.
Price is beginning to pull back to the trendline for a better entry.
Buying picks up as price approaches the support line.
Volume is beginning to increase as price moves up.
I purchased 3 Jan 77.5 calls.
Price is beginning to pull back to the trendline for a better entry.
Buying picks up as price approaches the support line.
Volume is beginning to increase as price moves up.
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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.