Price of Walt Disney is moving higher but RSI momentum is heading lower.
A big red bar that penetrate end of the lower channel support would trigger a short signal
Irregardless of whether the data is desirable or undesirable
A big red bar that penetrate end of the lower channel support would trigger a short signal
Irregardless of whether the data is desirable or undesirable
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gap up DOJI? the moment i have been waiting for
July 15 107 put = 0.03x100
Aug 15 100 put = 0.12x100
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DIS is one of the strongest stock and making all time high, using a contrarian approach, just when things go extremely bullish.. (99% long), i will bet for a retracement back to 107 area, if it can happen for two consecutive days, my puts will have >100% of profit
otherwise, i just lose it
Also, you see that bearish divergence lurking, meaning that price is going higher but MACD is not! i also jump the gun to go in earlier.. thats pretty impatient but that is also the best way to buy cheaper puts
Hope that explains
otherwise, i just lose it
Also, you see that bearish divergence lurking, meaning that price is going higher but MACD is not! i also jump the gun to go in earlier.. thats pretty impatient but that is also the best way to buy cheaper puts
Hope that explains
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