Bullish candle set up with on oversold (Black) RSI. Moves to be made for sure but, don't waste theta for the temporary bounce before a potential bottom. Expecting a lot sooner than later for this to see $160 before sitting back @ $175 again. Peep any intra-day (Minute) duration & you'll be able to diverge where the money flow (28 interval) is @ relative to RSI. I'll JUMP on OTM calls if I see the dip down to $128. Other than that, I'd be skeptical.
Since $TSLA fucked my shit up, I'll be sure to bloat hella hard if I'm on the $ with this one.
Preferred setup:
Falling 3 method (no break of resistance), $139 - $140 close
(1) Long black candle below $132.50 or (2) long black candles w/ slight break of support ($132)
Confirmation is iffy - preferably doji break below $128-$129 (closing above $129) or Ladder bottom followed by bullish candle & or upside tasuki gap.
But yeea GL my guy
Since $TSLA fucked my shit up, I'll be sure to bloat hella hard if I'm on the $ with this one.
Preferred setup:
Falling 3 method (no break of resistance), $139 - $140 close
(1) Long black candle below $132.50 or (2) long black candles w/ slight break of support ($132)
Confirmation is iffy - preferably doji break below $128-$129 (closing above $129) or Ladder bottom followed by bullish candle & or upside tasuki gap.
But yeea GL my guy