DUOL bought $380 OTM puts two Fridays ago, exp 7/18. Closed my position as it hit the low today.
Saw the key support at $380 level acting as a magnet. Price will most likely consolidate between this level and $400 for the near-term future leading into earnings.
How will this Megaphone pattern play out, I wonder?
DUOL phase E markup phase out from Wyckoff accumulation phase. Broke out of the backup range of $130.50 and is overextended short-term. Retest of 130 before challenging higher target? Idea: Duolingo On Fire: Can It Keep …