High Risk High Reward Play for a "Moonday" rally.
Narrative; Bears stole momentum back Thursday only to very weakly stall out here. China hasn't Invaded Taiwan.
Double Bottom Cup with a Nice 50%ish retrace Handle...
Technicals are definitely there and I have a suspicion it won't be all that tradable for day traders, will have to shoot for a swing over the weekend. Similar vibe to the Election Day Gap up...
Called Here;
Keep it simple with 565 Gap Fill Target...
Some Lotto's for Monday and next Friday Expiration.
550C's
- Prophecies_R_Us
PS: If Bullish want to see a rally into close. If bearish into close this idea is DONE!
Narrative; Bears stole momentum back Thursday only to very weakly stall out here. China hasn't Invaded Taiwan.
Double Bottom Cup with a Nice 50%ish retrace Handle...
Technicals are definitely there and I have a suspicion it won't be all that tradable for day traders, will have to shoot for a swing over the weekend. Similar vibe to the Election Day Gap up...
Called Here;
Keep it simple with 565 Gap Fill Target...
Some Lotto's for Monday and next Friday Expiration.
550C's
- Prophecies_R_Us
PS: If Bullish want to see a rally into close. If bearish into close this idea is DONE!
Trade active
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Trade closed: target reached
541 in Pre-Market , Nice Gap up as expected. Friday Expirations will move nicely while todays lotto's are still TBD but probably cooked unless we get a rally/more news today. 
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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.