Long

SE Possible Bullish pattern under-construction Good for options

Updated

Again same as previous setup - Bearish candlesticks pattern with raising volume suggesting further decline before earning report on 17th MAY - Closed at 76 and indicators at low levels - The idea is strangle options combo between 70 and 80 for coming weeks as i expect the next move will be in range of 20% at least from current price 76 - logically 65 is bearish target and 95 is bullish one but the move can be extended much further to 110-130 on bullish side and 52 on bearish one so it should pay good for these options. Note: the entry should be at good spot where oversold or overbought condition on small time frame. this is important for nice entry. worth to note that i checked options prices and profit probabilities of these combo and its lower than normal conditions may be due to fear raising put prices but lets see how its goes!

Note

perfect entry - dropped 13.76% - reached bearish target at 65

Trade active

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now targeting 52 or 76

Trade closed: target reached

from76 to 57 into 3 session

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Trade active

Note

like magic :)

WinnerTrader99

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$SE Wild swing +/- 30$ up to earning report. now at 120

by WinnerTrader99

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