CEI Camber Energy with almost 600M in trading volume near the close. Up over 70% with a high so far of $1.47 from .85 - Insane !
I'm in with a .78 cost average and added calls today various strikes and opex because looking at the levels and volume I think there is room for more upside.
For those newer to trading I tried to identify resistance levels with arrows and help guide you to a trade plan.
If you're in this trade, or looking to go long, these levels serve as important pivot points - i.e. strong resistance so could be rejected however, a breakout implies more to the upside until the next level of resistance.
For those in this trade you can use these levels as an idea of when to take profits.
Let's see ! I notice Call options only go to 1.5 so I have a feeling this week the MM won't let it close higher than that come Friday unless more contracts are written.
I'm in with a .78 cost average and added calls today various strikes and opex because looking at the levels and volume I think there is room for more upside.
For those newer to trading I tried to identify resistance levels with arrows and help guide you to a trade plan.
If you're in this trade, or looking to go long, these levels serve as important pivot points - i.e. strong resistance so could be rejected however, a breakout implies more to the upside until the next level of resistance.
For those in this trade you can use these levels as an idea of when to take profits.
Let's see ! I notice Call options only go to 1.5 so I have a feeling this week the MM won't let it close higher than that come Friday unless more contracts are written.