Long
$SI outperforming since Jan '22 - breakout coming

Since end of Jan '22,
SI has made higher highs against
SPX lower lows, and has found support at the relative strength uptrend against $BTC.
SI narrowly reclaimed its 200 SMA after a double bottom at the major $100 level earlier this week.
Buyers have kept the stock sideways/up in a pretty violent market,
I think momentum is to the upside and any moment of broader market strength will likely send
SI straight to $150.
*I am long 4.14.22 150c*
Buyers have kept the stock sideways/up in a pretty violent market,
I think momentum is to the upside and any moment of broader market strength will likely send
*I am long 4.14.22 150c*
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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.