TradingView
gooney0
Jun 5, 2021 6:17 AM

MAT Channel Long

Mattel, Inc.NASDAQ

Description

3rd touch on lower trend line today. It bounced off as expected.

Comment

I'd put in a stop loss @$19.50

Comment

If selling options, I'd sell puts near the bottom of channel, and write calls near the top.

I have a $23 call written. When the price gets near the top, i'll roll it hoping to get the max premium before the price falls.
Comments
gooney0
Product recall in the news may negatively effect price.
More