I have liked this chart for "too" long.
Long term basing out, almost gave up the bag near that $18 area, but doubled up on a few leaps and some shares.
Seems to be breaking out of the downtrend, and now retesting the trend line...
Would rather go with price levels here vs over shooting a trend line...
$18 - $20 this week?
I'm only accumulating shares, and swing trading option positions several months out for safety.
I'm not sure on day trading the stock on short term options.
Long term basing out, almost gave up the bag near that $18 area, but doubled up on a few leaps and some shares.
Seems to be breaking out of the downtrend, and now retesting the trend line...
Would rather go with price levels here vs over shooting a trend line...
$18 - $20 this week?
I'm only accumulating shares, and swing trading option positions several months out for safety.
I'm not sure on day trading the stock on short term options.
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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.