RDDT i sold around 80% of the position today, the closing hour looks so scarily bullish that could seduce the bears out, so i thought id sell some into momentum. I recommend now move up stop loss to 106-108, continuation target still around 117
RDDT breaking 110 would lead to gamma hedging and short covering to the upside, important to see how strong the follow up would be as this hedging is not considered genuine buying.
RDDT so today we hit the 112 price target with initial support as 108 as expected, congrats if you caught the entry; next im looking for possible pullback to VWAP range at 106 for today or tmr
RDDT i sold around 80% of the position today, the closing hour looks so scarily bullish that could seduce the bears out, so i thought id sell some into momentum. I recommend now move up stop loss to 106-108, continuation target still around 117
