Entered at $47 and closed the trade at $65. I think it finished the Wave 1 of the reversal and now will be spending next few days in correction. This correction can take it back to $49-$51 range where we will make the decision again to go long.
Wow, couldn't disagree more. Only upward momentum here. It is definitely not going to drop back into the low 50's again; unless some real detrimental news.
rbswingtrader
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@scraw021, sure, everyone has opinion and i respect yours :). I am not bearish on the stock anyway, but will wait to see a correction before entering again.
ApeishTrades
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I think 80 next week
rbswingtrader
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@ApeishTrades, it can happen, wave 1 can extend. I booked out profits today out of caution and will seek the next entry point.
joeal86
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10k 65c expiring today. MM working it hard, look at the SI