onepercentdrop

cguthrie922 cguthrie922 PRO V, D, Short ,
V: VISA TO DROP AT LEAST ANOTHER PERCENT
22 0 1
V, D Short
VISA TO DROP AT LEAST ANOTHER PERCENT

Historically, when RSI reaches its current mark, this stock drops at least another 1%. On average it is actually 4.34% with the minimum drop of 2.64%. A conservative play is a drop of 1.70% to fall in line with the bottom of the trend channel. Anticipate a 10-30% minimum profit from a solid PUT.

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