T Mobile swing trade working, JAN 120calls up 18% now . Should have loaded more after hammer candle but had plenty of risk on already.
Momo turning with weekly MACD ready to cross (bullish confluence).
Want to see continuation and EMAs to cross, also need to chew through overhead $124 supply. If this holds will expect another leg up. Been anticipating a "NKE like" move since NOV.
Good ER and plenty of tutes buying thinking Q4 - Q1 2022 ripper.
$124 first PT then see how price action is at that level.
Trade remains valid so long as higher lows are put in.
Momo turning with weekly MACD ready to cross (bullish confluence).
Want to see continuation and EMAs to cross, also need to chew through overhead $124 supply. If this holds will expect another leg up. Been anticipating a "NKE like" move since NOV.
Good ER and plenty of tutes buying thinking Q4 - Q1 2022 ripper.
$124 first PT then see how price action is at that level.
Trade remains valid so long as higher lows are put in.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.