See notes on chart. Black lines are the bullish divergence.
I purchased 3 Jan 77.5 calls.
Price is beginning to pull back to the trendline for a better entry.
Buying picks up as price approaches the support line.
Volume is beginning to increase as price moves up.
I purchased 3 Jan 77.5 calls.
Price is beginning to pull back to the trendline for a better entry.
Buying picks up as price approaches the support line.
Volume is beginning to increase as price moves up.