Recent 3 peaks rejected from the red cloud as expected. now if it can go up thru that cloud and close above 135-136 again then targets will be 140-156-175 and can be extended to 210-230 if earning report surprised investors. ER will be at 22-5 ... from other side, support at 110-104-95 gap closing will works good as bounce levels. If break below 95 then possible to make lower low between 65-70 which is wild bearish target and will give investor very strong entry point for long term investment but unless market melt down this is not probable . more likely its for uptrend but could take sometime.
Comment
⋅
Here is Longview:
Comment
⋅
And this is logical scenario unless!!
Comment
⋅
30 min view
Comment
⋅
Strangle 14 Apr cost around 5.0 and 35% pp targeting 675$ 115 P = 2.8 130 C = 2.5
Comment
⋅
closed at 700$ profit %40
Comment
⋅
4SE closed red again , option premium shrink . other entry Monday but tighter than previous one . 110 P = 2.7 120 c = 2.3 tot = 500$ and 37% profit prob. profit taken 685$
Comment
⋅
SE worth to note that if market turns bearish then expect large daily red candle!
Comment
⋅
Closed 2nd entry at 900$ with profit 400% = 80%
Trade closed: target reached
⋅
CLOSING PUT SIDE TARGET REACHED -30$ FROM ENTRY 120