PA sell off last few days to Mid BB%
Daily RSI Oversold after recent decline.
Found S&R at 160 level. Looking for consolidation and then reversal to mean back higher.
Aiming for 160/155 Put Credit & 165 Call option for Directional bias higher.
Exp Aug 16 (...but selling to close in Profit well before that.! )
Good Luck - Watch YOUR RISK
Daily RSI Oversold after recent decline.
Found S&R at 160 level. Looking for consolidation and then reversal to mean back higher.
Aiming for 160/155 Put Credit & 165 Call option for Directional bias higher.
Exp Aug 16 (...but selling to close in Profit well before that.! )
Good Luck - Watch YOUR RISK