All indicators point to a reversal, oversold and heading bearish short term. unusual options activity at $7, 10k contracts bought, yesterday there was only 593 open.
Lots of pressure to 7 here
could catch support there, this is a small move play.
playing this solely on technicals, and is a short term strategy
not trade advice
Lots of pressure to 7 here
could catch support there, this is a small move play.
playing this solely on technicals, and is a short term strategy
not trade advice
Note
failed idea. luckily a paper trade to see what happens
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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.