Cost perfectly tagged the upper line of the rising wedge that we have seen play out over the past couple of weeks. I opened some puts at the top today in hopes that it breaks to the downside of this wedge for a target around $900. This would also complete the right shoulder of H&S on daily chart.
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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.