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Apollo_CB
Mar 11, 2024 6:56 PM

RTX update Gap Long

RTX CorporationNYSE

Description

This is my third RTX trade and the stock is finally starting to push again with a strong pivot. Stochastic RSI points upward and a bullish daily engulfing candle presents itself. I have averaged into april 19th 95$ calls over the past ten days for this setup. My price alerts are the white dashed, my most bullish target is the full gap closure on the dashed green (97$)

-I will start to exit this position greater than 21 days from expiration if price is over 92$
-I had predicted the gap will close around May 24th if the market stays bullish
Comments
Apollo_CB
Took a lot of profit on this today will let last couple contracts ride
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