Decent earnings, still above 70 RSI, watch for a slight dip on monday but as long as it holds $550 support, I think it should continue to trade in this range and up. 2/19/21, 460/450 put spread @2.70 hoping to swing for a few weeks. Looking for a $1.60 exit.
Notes on Chart. At this entry we missed the bottom by a mile, but the upward momentum is still very strong.
As I right this the RSI(14 days) is at 77 so we are approaching the point of it being overbought.
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Hey people, SVB FINANCIAL GROUP is in a dynamic bearish fake with an upside down hammer candle and a strong buy volume traded. The TIMEFRAME M1 shows a dash with a return of purchase volume made, it will do a test of the stabilization zone. And after testing the high of the bollinger strong possibility of breaking out the price with the momentum in both the area...