DBX close to breaking out this yearly down trend resistance line (yellow). With ER approaching I can see a push to 30 this week if we some significant volume on the breakout. Small c&h to complete the right shoulder for inverse H&S pattern screams bullish to me.
I'll go for April 16 call option. 1.73$ . need 18.5% to cover premium and its gives enough time for the stock to make a move. Target 30$ potential profit : 200%
jUiCE_Trades
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@sahar_dekel great plan I have 1/2022 calls and some new short term positions that aren’t looking to great, the money has been in weed stocks this week waiting for that to cool down for dbx to see some light again
rb675
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Nice work
NegrAri
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Good morning. Thank u so much for your help . have a great day ya'll
excitedOil3295
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Great analysis, loving the "option ideas" chart.
jUiCE_Trades
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@excitedOil3295 thank you! will try to include that from now on
1.73$ . need 18.5% to cover premium and its gives enough time for the stock to make a move.
Target 30$
potential profit : 200%