SIR ROBINHOOD: THE MOST TECHNICALLY RESPECTFUL ASSET EVER 😍
Since breaking clear of Triangle resistance on June 14th this asset has been an absolute pleasure to chart. It has formed 2 upward channels of strength and recently formed the 3rd and strongest upwards channel on July 11th
I expect some pullback prompting profit taking too early but earnings typically creates a runup about a week prior. Next earnings Aug 2nd. Oftentimes a hard drop following Positive or Negative Earnings..so will likely take profits on all my aug 4th CALLs with various strikes $11-$14
Heavily stacked in jan 19 $20 CALLS with most between 200% to 300% profit already
I expect some pullback prompting profit taking too early but earnings typically creates a runup about a week prior. Next earnings Aug 2nd. Oftentimes a hard drop following Positive or Negative Earnings..so will likely take profits on all my aug 4th CALLs with various strikes $11-$14
Heavily stacked in jan 19 $20 CALLS with most between 200% to 300% profit already