I love this strong support breaking and going lower from here. If we can break this entry line we should drop to the 20EMA on the monthly for next support. Not a huge money maker trade, but a pretty safe one from the setup. Put options at the money are only about $500 so cheaper for the smaller accounts
Trade closed: target reached:
Nice trade on this one.. Hope it helped pad your smaller accounts, so you can get into some of these more expensive trades. I'll find us another trade, enjoy!