Rounding bottom, flirting with the gap magnet.
MACD is rounding, could cross by the end of the week. Looking for a long position over 49.96 with a previous days low trailing stop. Targeting 50% retrace.
Bullish Options activity in Aug 55C, 50C, 49C and Sept 48C
Bullish Options activity in Aug 55C, 50C, 49C and Sept 48C
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