I feel the momentum to the downside will play itself out before any meaningful rally. Small rallies such as the one today is in my view institutional rebalancing. Eventually I expect a larger relief rally but not before we touch the bottom of the channel in large part due to downside momentum.
This is a speculative, risky, and potentially a very profitable...
This recent bearish downtrend may seem scary and rapid for long bullish positions, however whales entrenched around $130-$150 appear poised to hammer bears in the near future
Not a financial advisor
Simple bullish 'profit maximization' strategy - for small or large investors looking to capture a potentially strong upcoming price surge.
Technical analysis reveals potential short/moderate term consolidation. Focusing on shares over calls is a great way to contribute to the health of an upcoming resistance of the lower channel while reducing leveraged downside...
Simple AMC Call Options Trade - for small or large retail investors looking to capture a potentially strong upcoming price surge
I have placed this trade based on the following factors I like most
a. 'Bull flag' technical analysis, decreasing volume, and consistent higher lows
b. Reinforced positive retail investor sentiment especially after an 8-day-in-a-row...
