Today the gap was filled at the beginning of the "V" (at white line on left). 237.47 is highest price on left side of "V" Usually inverted hammer candle after a run means a reversal is coming. If stock does open higher the next day there is a good chance of a sell-off.
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By the end of the day the inverted hammer candle disappeared. I am going to hold onto the puts I opened today as long as my upper stop is not broken.
I am waiting for the pull back from last one month or so, but not happening, I am feeling that I missed, let us see if there is any pull back of more then one day.
OptionsRising
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@gowrigoli, Yes I was also biased towards a stronger pullback. Finally I decided to trade less and focus on my chart signals to try and remain objective.