SPCE - moving higher - swing calls - low risk
Read chart notes. After a long move down price may be ready to move up again.
Looking for 30m candle close over 22.60 to create a higher high close.
Multiple stop losses can be set: below 22.30, below 22.10, and option percent down.
Looking for 30m candle close over 22.60 to create a higher high close.
Multiple stop losses can be set: below 22.30, below 22.10, and option percent down.
Comment:
Took a day trade with calls yesterday and bought swing calls again this morning. When stock opens higher don't chase it. I waited for price to pull back to 22.80 and then looked at the chart before buying calls. Now price action looks good for more upside.