Well, the longs are stuck right now as it turned out to be the false breakout and today we achieved the original target of $46. I still have my longs and expect this correction to be over now unless we break below $46 which can bring further downside.
let's hope it will bounce off to the 60 level or so.. Hang in there. lol
rbswingtrader
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@neatfreak301, lol.. i am glad i bought stocks not calls.
neatfreak301
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@rbswingtrader, Yep. That's why I rarely deal with options as you lose as soon as you buy them and big lose if you're wrong on direction. Been burnt so badly with MRNA, BNTX and FB. I am sticking with shares and selling options rather than buying. SAVA is showing signs of bouncing off...
rbswingtrader
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@neatfreak301, yes, looks like bottoming out.. Where is the guy who said $45 wont happen? :P
neatfreak301
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@rbswingtrader, Exactly! Was thinking about his remark and hope he is now taking it back. Your TA was on point as most of your postings. Please keep up the good job.
joeal86
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I was looking at your previous chart yesterday and it followed it exactly, hopefully we bounce and climb up now