We are rangebound in the VWAP squeeze, above the 5 day MA with 20 day MA also positive.
Looking for around $395.5 for a long call.
See the video for naked call short term DTE details.
Looking for around $395.5 for a long call.
See the video for naked call short term DTE details.
Trade active:
You should already be in your $403 CALL 3/23 DTE positions.
Comment:
MOVE STOP LOSS TO $396.25
FROM THIS POINT ONCE WE GET ABOVE THE TRADING RANGE, USE TRAILING STOPS ON EACH LOW THAT IS MADE.
FROM THIS POINT ONCE WE GET ABOVE THE TRADING RANGE, USE TRAILING STOPS ON EACH LOW THAT IS MADE.
Comment:
Move stop loss to $396.91
Comment:
Take profit on 1/3 of your position and move SL to $397.20
Trade closed: stop reached:
STOP LOSS HIT AT $398.04
While we have dipped a bit further than I wanted to for the backup test. USE $396 as your stop loss. (AQUA LINE BELOW)