GME Signaling Potential Trend Change, new bear channel in play, see if price takes it. Entry trade at arrow, target exit marked in (X), will exit if/when price breaks bear channel.
Trade active:
entered into short term (3/19 exp) put contract @ $110 strike
up 65% into close, held open, will risk time premium for further downside given confirmation of the channel.
up 65% into close, held open, will risk time premium for further downside given confirmation of the channel.