i had used indicators to substantiate my take. Of course, i am always happy to short again if there is a break out to 46,
however, the use of CHANNEL has helped me not only recoup my losses when i started, but with indicator, i am able to make good profit.
For my last put option contract which i intended to sell when price of KO hit the blue region.. but thanks to the earning report of KO just released, i hit another profit jackpot again.
I exited my last put options @40.35
P.S. Hope there is something you can learn from here