Long
SOLO long
Its looking really nice the last two days.
Increasing volume. Good company, good play for a Biden presidency for the long term.
Its moving on the short term.
I will admit, I had a position established already when it was trading sideways. I have an open Call options and open equity position, the avg. price was sub 7 when I got in.
I have 2 sell targets, for a 1/3rd of my position each. Keeping the remainder until the MACD tells me to sell and it starts reversing to the downside.
No recent news that I know of that is driving this.
Increasing volume. Good company, good play for a Biden presidency for the long term.
Its moving on the short term.
I will admit, I had a position established already when it was trading sideways. I have an open Call options and open equity position, the avg. price was sub 7 when I got in.
I have 2 sell targets, for a 1/3rd of my position each. Keeping the remainder until the MACD tells me to sell and it starts reversing to the downside.
No recent news that I know of that is driving this.
Note
Still holding for now. It had 3 days of small decline, but I think there may be a bit of a pop coming up. Mainly, there is no defined levels of resistance outside of the outlined targets.
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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.