Stock was selling off well and suddenly the weekly support around 300 gets respected. Open interest suggest that market is negatively biased. Using cloud as the guide taking a short trade with stop at 332 and target 360. A portion can be held on to see if market breaks above 360.
Trade fermée: ordre d’arrêt atteint:
Booked some earlier since price was not moving and stopped out of all position today
Commentaire:
Huge price movement from 320 to 350 and closing at 340. This brings this market on the radar again. Hopefully by next week end we should have an entry.
a236z