After a drop from ER, we are left with a gap to fill & sitting on support.
Key level to break through to our entry is 507.85.
Entry: 519.80
Target: 546.40 (gap fill)
Stop Loss: 496.00
Ideal expiration date would be 1-1.5 months out to give us time to reach that target. This play partially depends on how SPY does, so keep an eye on it as well.
This play may take a week or two before it happens. But when it does, it will be well worth the trade.
Key level to break through to our entry is 507.85.
Entry: 519.80
Target: 546.40 (gap fill)
Stop Loss: 496.00
Ideal expiration date would be 1-1.5 months out to give us time to reach that target. This play partially depends on how SPY does, so keep an eye on it as well.
This play may take a week or two before it happens. But when it does, it will be well worth the trade.
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.
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.