Price keeps pushing higher. It found the downtrend resistance but it wasn't pushed back down to hard. Actually the price is testing again the resistance and I think eventually is going to break up. We may see another small rejection but bulls are in control at the moment. The nice this thing about this trade is that Citigroup pays dividends (%4.03 yield, not bad). So you can enjoy the dividends while you wait for a break up.
Trade closed: stop reached:
Bad luck on this one. I opened this trade before the Silicon Valley Bank thing. I'm going to hold it for a couple of weeks more and see what it does. I think this an overreaction and eventually the fear will fade.
Trade active:
Fortunately I held. Is coming back, I just added. I think is going to break out the triangle. In the mean mean time, it keeps paying me dividends lol:
Comment:
Still holding, waiting for a miracle :D
Trade active:
Is pushing up, just bought same call to help it out :D