PA sell off last few days to Mid BB%
Daily RSI Oversold
Found S&R at 76.3 Looking for consolidation and then reversal to mean back higher.
Aiming for 76/75 Put Credit & 77 Call option for Directional bias higher.
Exp Aug 16 but selling to close in Profit well before that.!
NB = DE (previous setup) is in the Same Sector so be continuous of Sector Weighting..
Good Luck - Watch YOUR RISK
Daily RSI Oversold
Found S&R at 76.3 Looking for consolidation and then reversal to mean back higher.
Aiming for 76/75 Put Credit & 77 Call option for Directional bias higher.
Exp Aug 16 but selling to close in Profit well before that.!
NB = DE (previous setup) is in the Same Sector so be continuous of Sector Weighting..
Good Luck - Watch YOUR RISK
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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.