i will go big on this trade if theres a confirmation, there is a huge gap to fill, and gaps fill most of the time.
confirmation- it has to maintain the level above the wedge for 15 minutes
Good Luck! this could be a possible 1000% percent gainer!
not going so big on this trade, might not even enter. this company is known for low volume options. I'm basing this trade off of breakouts and because it went up $2 on the last trading day, we should be seeing it go back to the $45 level tomorrow.
as you can see the VMC is signaling a buy, so is rsi because it is being oversold, and it should be bouncing off support
I placed a $132 call EXPIRE 05/21
It cost me $24 per contract I went in light
hope this play pays off
I placed a call order with an expiration of may 21st (5/21) at 3:59pm est (right before market close)
RSI shows that its currently being oversold
I suggest getting in when you can
you can get in right now but only by buying shared because you aren't allowed to purchase options after hours
you have until 6pm est to buy a few shares on Robinhood.
lets hope for the best
If AR stays below $11.47 tomorrow at 10:30am EST I will be placing a put option
the price target is shown on the chart where it says take profits here.
please dont forget, I am not your financial advisor, nor am I a professional trader.
enjoy and lets print.
This is on the 1HR time frame
as you can see in this chart, BAC has been consolidating in that one level. if it breaks downwards, then I will be placing a put option, if it bounces off support and breaks through resistance I will be making a call option
I will be updating below on what play I will make just incase you want to enter.
stay tuned!
