I have been taking this opportunity this morning to add to my long term position. As you can see, the monthly trend is still up with higher lows and higher highs. Today is month's end so as long as we don't go below today's lows tomorrow, the monthly trend is still intact.
On the shorter term view, looks like a normal correction in progress. Hey, if you want big gains, you have to accept the big volatility. If you are trading this, you've got to love these swings. Thinking that the Jan 2020 16-18 call spread is a pretty good bet on a better than 4:1 payout. I bought some of these for 50 cents as we dipped to 16.
On the shorter term view, looks like a normal correction in progress. Hey, if you want big gains, you have to accept the big volatility. If you are trading this, you've got to love these swings. Thinking that the Jan 2020 16-18 call spread is a pretty good bet on a better than 4:1 payout. I bought some of these for 50 cents as we dipped to 16.