Is this cloud stock ready to move over its IPO price?

The white dotted line connects closing prices to show the downtrend is broken. After IPO the price steadily declined, but now price has turned and made a higher high. See notes on chart. I find this stock technically attractive because price has not yet shown a parabolic increase. I will be looking for weekly RSI to stay over 50 (it might test this level with a dip and rise). This stock will be good for a longer swing trade or investment. I have Jan. 2022 expiry, 20 strike, calls.


Thoughts on the break down? I was expecting that recent chart push to possibly set-up for a higher low. Seems to have come right back to range.
@Apux Thanks for asking. I am holding for now because a few weeks back there was some big money dark pool buying down here at this level. I would have liked to see price close over 10.80. If you are short term, then I would exit below yesterday's low, and below 10.50. I have this longer term so I am okay holding to see if buyers come in at this price.
Apux OptionsRising
@OptionsRising, I am short some $11.50 and $12 puts. Not worried about a potential put in. Will just flip to selling calls. In the mean time if we run back over $11.30 I can exit all at a profit.
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