Similar situacion in 2018 could offer a road map for 2021.
If we do bounce, i wanna see 1st take the preview high and then send it with haste to 12.6 thereabouts. Fib extensions only as a possible roadmap.
For now founded support at 50% retracement, mayyyyybe we see a bounce
NNOX is approaching first somewhat meaningful support (arrows). Will sell volatility in the form of puts with small notional there.
Huge volume wich may suggest short term bottom. If price holds 328, will enter and ride it until green shadow area. If price breaks 317 will exit the position.
First of all, this is a gamble. I myself am entering with a tiny tiny position, because of the risk. This stock has recently received big news. Potencial for a gap fill into de 26s, wich means a +3X from current levels. Play it safe, objective 1) is to stay alive. But is posible in this to make a 2or3X in a small ammount of money. Stay Alive! This is a risky trade.
MP is a play on rare earth minerals. If it retraces to 1, 2 and 3, I will sell LEAPS (a lot if it reaches 3).