Option Play: SWN
Time to break that weekly bull flag???!! Maybe the Biden win is going to be stimulus enough for energy stocks to soar going into the new year. 3.23 is a massive supply zone, if the stock can finally push through we’ll see 3.43, 3.9, and above there I bet we see 4.69. Don’t get greedy, if you notice the stock was able to trap a lot of bulls back in June (why I play options). Sitting in plenty of the 3c for 12/18 and still have just over a month of time. Good luck if you play!
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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.