MGM - G/G pullback.
Updated
Not as strong as LVS, but similar trade.
Trade Theme Wave pullback in G/G Trend
Sector/Stock MGM
Trend G/G
Propulsion 34
Vscore Close
Vprofile Yes
RAF 50%
Darvas Yes
Darvas 3.0 Yes
Entry 42.5 Look for 5% and 10% Option Price Pullback Entry
Profit/Breakeven 43.75 50% Fib retracement
Stop Loss 25%
Option 16Jun23 40 Call
No May Option Interest
Trade Theme Wave pullback in G/G Trend
Sector/Stock MGM
Trend G/G
Propulsion 34
Vscore Close
Vprofile Yes
RAF 50%
Darvas Yes
Darvas 3.0 Yes
Entry 42.5 Look for 5% and 10% Option Price Pullback Entry
Profit/Breakeven 43.75 50% Fib retracement
Stop Loss 25%
Option 16Jun23 40 Call
No May Option Interest
Trade active
Bot on option price retreat after breakout19May23 42Call - 3.10
Trade closed: stop reached
Got torched on the Credit Suisse news. Tried to stay in until after 10am, but prices knocked me out.Sold @ 2.32 - 25% Loss
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