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Love the company but $U forming a clear rising wedge , volume declining as it finds resistance at $130. Looking for $100 and will go long there.
BTO December $100P avg $1.
BTO December $100P avg $1.
Comment:
Trade closed for now at $.70 - $U goes higher. Target should be $145/$150 if it breaks up.
Disclaimer: This account and post are not intended as trading advice and are for educational and informational purposes only.
Comments
@Edulindolo no this setup is invalidated as the wedge broke resistance then broke out. If it can reject $150 we can see $130/$120 again
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