SHORT | ATOS | Temporary price action | Valid before July

LONG TERM I'm 100% Bullish, this is a possibility for 1 week

Possible Scenario: SHORT
Evidence: Price action

I expect a healthy correction, just temporary, before 28th June. and then it will bounce up to 12+ before July 16.

* It's my idea and could be wrong 100%

Transaction en cours

TP1 Reached, lets go for TP2

Note

I'm going to open PUT options, Strike 4$, July 16th.
SL :9.25
Exit point: 6.45

Note

I opened short position also at 8$, I couldn't deny easy money

Trade fermée: cible de profit atteinte

Note

most likely it's going to test lower key-levels, I observed 8M$ ITM Call options, strike 0.5, 1.5, 2 that is for hedging long positions, they expect more drop.

Note

join me in twitter: SHKSPRT

Note

I guess it's valid for July also, even more.
As I trace option flow and price action and chart geometry, it's going to 4 or even 3$

Trade fermée: cible de profit atteinte

Target Price 2 is hit

Note

I expect more downtrends to 4.60 and 3.26

Note

It happened, it hit 3.26 after a month

shkspr

no pain, no gain
Unveiling illusions, revealing wealth

Aussi sur:

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

shkspr

no pain, no gain
Unveiling illusions, revealing wealth

Aussi sur: