$APHA at resistance
AAPHA (CAD) has had a great run this month. It is currently at resistance and probability of a retracement is high. I am unloading half my position here and holding another half for a much longer term outlook. Price target is $14 then at the highs in the $20s. Short term support is around $8 and the 20 MA below that. The way I am going to play this selling a $10 cover call with my remaining positions, then sell a put at $8 hoping to get the shares cheaper.
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Join Our Free FB Group Free Trade ideas and technical analyst. Try our premium stock alerts, very active options trading, we are primary options sellers but we trade directional as well.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.