$NET - TRADE IDEA
Here is a trade idea on net. I think we are in wave 2 still and need to go make 1 more new low near the 61.8 - but could be wrong. A move over the last pivot high ~145 and I will be targeting wave 3 PT of 165. This is going to be either 1 of two things:
1) over top breakout - momentum trade looking at short term likely 150c (14 days most likely)
2) BTD trade near 61.8 and seeing a reversal out of that area - this BTD would be with time and likely target lower strike 140. That way on the 145 test can be first trim zone
1) over top breakout - momentum trade looking at short term likely 150c (14 days most likely)
2) BTD trade near 61.8 and seeing a reversal out of that area - this BTD would be with time and likely target lower strike 140. That way on the 145 test can be first trim zone
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