Description
⋅ MA with a textbook bounce off the trendline. If I had more buying power I'd be in on $365 8/20 calls. PT $368-$370 EOW.
Comment
⋅ Market ended the day terribly. MA held the trend line, took a beating on call options but still holding. Setup is still intact.
Trade closed: stop reached
⋅ Yikes, Missed badly on this one.