After bottoming out at the 200EMA, the 20 & 50 became new support - on the days there is a strong bullish hammer along with an ascending triangle forming. Biden also speaks today about the infrastructure plan, will be watching for a mention on clean energy, should bring the reversal. Watch for a break above the 41.5 and 44 levels, no stopping after that!
Comment:
Closed my 2x May ATM calls for hefty 48% gain!