AJRD - Easy Short back down to $34
Updated
Confident this is in a upper wedge pattern.
Wait for confirmation of resistance prior to short entry - as of now the moving averages are still bullish
The RSI is textbook for nominating this stock for the short
How I will play it:
Simple Option Entry
o ITM puts (within 3 strikes)
o 1 -Year Out
o High Delta
o Double Check Volume Bars
Wait for confirmation of resistance prior to short entry - as of now the moving averages are still bullish
The RSI is textbook for nominating this stock for the short
How I will play it:
Simple Option Entry
o ITM puts (within 3 strikes)
o 1 -Year Out
o High Delta
o Double Check Volume Bars
Trade active
Can't make this stuff up. Textbook.Trade active.
Trade closed manually
Just sideways action. Short closed.
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