Hello Again,
So I decide to put a CALL option on S this morning. I see more upward push than anything else.
I personally love EMA fibs as a momentum indicator and I see some convergence, therefore, a time of uncertanity. However, I see the STOCHASTIC RSI as super high, the trend is up, but this can represent some incoming price action. Hoping for some big FOMO buyers that are driven by news. I am strong beliver in the chart and I really do not care to understand what is going on in a company. I am a minotiry in that sense, however, I will not discount it. As many now of the talks of an upcoming merger with T-Mobile. This is obviously good news, but as a friend told me partnering with Sprint is the kiss of death.
Volume bars are low which tells me anyday they can turn. OBV is going up. All things up.
So I decide to put a CALL option on S this morning. I see more upward push than anything else.
I personally love EMA fibs as a momentum indicator and I see some convergence, therefore, a time of uncertanity. However, I see the STOCHASTIC RSI as super high, the trend is up, but this can represent some incoming price action. Hoping for some big FOMO buyers that are driven by news. I am strong beliver in the chart and I really do not care to understand what is going on in a company. I am a minotiry in that sense, however, I will not discount it. As many now of the talks of an upcoming merger with T-Mobile. This is obviously good news, but as a friend told me partnering with Sprint is the kiss of death.
Volume bars are low which tells me anyday they can turn. OBV is going up. All things up.