Looks like solid support at 17 despite chatter about it going to single digits...and is that a doji near that support? could be signal for reversal back to 19s...think it needs to break/hold 17.83 resistance to be sure though. Uptrend intact. I'll be selling more 17 puts before close. Beginner learning TA/charting, guidance welcome:)
Comment:
Bearish pennant? Someone drew my attention to this chart showing clear bearish pennant which should be shorted at this range wth expectation it will break 17 range by next week...held off on selling more puts for now, but would love any pro/experienced TA ppl (with success record) to comment and/or help me out! or direct my attention to someone on here who actually has a solid TA track record so i can follow/learn...not sure if anyone will read this but thanks!:)