We just had a weekly breakout of a massive bull flag on IREN. Along with the flag pattern, we had a double bottom ‘W’ type consolidation within the bull flag (bullish formation).
Measured move is putting this a little north of $91.
With this being on the weekly chart, I like the July 17th calls. Will look for the $73 strike, as I’d like to at least capture that move to the top of the flag, and if we reject there and try to put in a double top; I can exit with profit there. $91 is the homerun price target!
God bless and happy trading!
Measured move is putting this a little north of $91.
With this being on the weekly chart, I like the July 17th calls. Will look for the $73 strike, as I’d like to at least capture that move to the top of the flag, and if we reject there and try to put in a double top; I can exit with profit there. $91 is the homerun price target!
God bless and happy trading!
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.