C Short based on divergence
Looking for a move lower based on a divergence between the price action and the stochastic. Price has made a higher high and the stochastic did not. Any weakness in the market has the potential to move the stock lower. If the market opens up tomorrow and there is any weakness in the stock I will enter July Puts.
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.