This is going to be a tough one... could go either way. However, RSI looks relatively low and the MACD may be resolving towards an upswing.
tradermike9922
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@Test_Monkey, I agree. It took a beating today, we'll see if it reverses and holds it's trend line the next couple days. I'm close to getting stopped out.
@Test_Monkey, Yes sir barely stayed above my stop. Did you get in?
Test_Monkey
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@tradermike9922, I got in a few days ago. I have two Jan 2022 long calls, deep in the money. IMO metals are about to pop and inflation fears, if anything, will give it an extra boost. I really like the play... underbought and timely... just need to keep telling myself that there is a good thesis here.
Test_Monkey
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@tradermike9922, you should update this one. You called it. Nice work!
tradermike9922
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@Test_Monkey, Thank you sir! You got in it even before I did, so great work also. What a move today, I'm definitely taking part profit here.