Stride, Inc.
Long
Updated

LRN Weekly Chart Shows Potential Reversal

127
Continuous 6 week decline ---> oversold.
Trade active
OPTIONS
Entry 10/06/2020
LRN $29 18 Dec 20 Call 100 @4.60 average

10/13/20: 20.65% open gains
Note
-5%
Note
Bad trade based on a less than thorough analysis.
1. bullish bar is not accompanied by bullish volume
2. the following bar has hh and hl but shows a significantly narrower range and on still lighter volume.
3. more time watching needed.

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.