HOLDING THE RAIL THUS FAR - Still a hold or buy
Updated
Uptrend in track today thus far. Watch/hold and or buy at the rail.
Note
Broke above 50 day (4/21) and went back to it yesterday (4/22) and bounced off creating the wick which is also at the uptrend line. Today (4/23) will help demonstrate if this run has momentum.Trade active
Still holding the rail. Barely, if you are risk tolerant, this is a great trade for the May 50 calls currently at $2.00. Buying here.Note
Let's see what happens on open Monday. Tight stop around 48.85
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.