Showed up in my scanner... This is the only 5 month+ long that showed up in my scanner so, let's see what happens.
According to my scanner, it should hit at least 60 by the end of Aug.
Remember, the rules for longer-term longs are different than intermediate-term longs. I will attach the criteria for the interested people in the link below with my rules.
We also want to get the confirmation i.e bounce from the bottom channel.
*buying calls ending after the next er is preferable if you want to make some profit.
It should be a snowball trade (85%+ probability if it holds the TL)
If it is Uber bullish, we will hit 110 level by the marked time.
According to my scanner, it should hit at least 60 by the end of Aug.
Remember, the rules for longer-term longs are different than intermediate-term longs. I will attach the criteria for the interested people in the link below with my rules.
We also want to get the confirmation i.e bounce from the bottom channel.
*buying calls ending after the next er is preferable if you want to make some profit.
It should be a snowball trade (85%+ probability if it holds the TL)
If it is Uber bullish, we will hit 110 level by the marked time.
Comment:
If you have any questions about this trade, DM me. Do not donate to the markets.
Comment:
This is why we look for confirmation.