Looks topped out with a reversal pattern. Bought next week's puts, but might flip it tomorrow if it drops a buck. PoS has a tendency to bounce at the top.
Also, MFI divergence, coming off overbought condition.
Also, MFI divergence, coming off overbought condition.
Trade closed manually:
I had both UAA and NKE puts, decided to flip this as the action is better for UAA
Comment:
Lucky I flipped those puts, have no idea WTF this is doing. Same with MTH. Both up in a down market to new ATH with MFI divergence on teh daily.
Comment:
Timing was off but it did hit my target....