$IWM target 201$IWM target 201
Target 1 was hit beautifully… so taking it out onto the 1W 5Y chart target 2 looks like a nice place to sell puts at this time. I would happily start a position there. Right now it’s kind of in the neutral zone, but technicals are pointing to down.
Let me know your thoughts and what you guys are doing.
Have fun!!
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2.
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
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