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HouseOfTrades
Apr 10, 2022 10:04 PM

OLN channel break Long

NYSE:OLN240
Olin CorporationNYSE

Description

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After breaking out of a descending channel, price consolidated sideways and now is attempting to break and retest top of the channel.

Trade active

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Trend AnalysisChart PatternsTechnical IndicatorsbreakoutParallel ChannelconsolidationStocks
Comments
dmcgesus
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Great analysis! Any update?
HouseOfTrades
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@dmcgesus, Thank You.
As of now I closed the trade.
TexasTrader92
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Thought on movement by EOW I have $55 calls expiring on 4/14
HouseOfTrades
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@TexasTrader92, By technicals it shoudl keep moving forward to test $64
The thins is timing, because you have only one more day. It could roll it over into a month out.
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