VUZI rejected 32 level. Will retest support around 20
20 is aggressive support and last daily support level. More likely it'll test EMA 21 area and then EMA 34 next. Also don't discount that VUZI is a hot name in a market that's about to get bubbly for growth. Size small.
Note
May21. 25 Put ideal. Delta is .28.Trade closed: target reached
Worked beautifully. Retested 20 level and bounce from there. Now this should be good base to reclaim ATH.
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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.