RSI going from extreme oversold and starting to flip, MACD losing downward momentum, great earnings.
Is this a coiled spring ready to pop?
April 13 26 200C
Is this a coiled spring ready to pop?
April 13 26 200C
Trade active
Sold my calls for profit on Feb 26. I did this because there was not the explosive pop I was expecting, and with the high risk of the short dated options, loss of confidence of the play short term.
However, I am still interested in the trade, so may re-enter on a dip, with slightly longer dated calls. I still think it has strong upside both fundamentally and technically (on the weekly especially on the technical side).
Will update if I re-enter.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.