G/G trend with a pullback after earnings.
Has 3-4 propulsion dots across 13/21/34 propulsion dots.
Vscore area,
RAF just below extremes = Minor low breakout.
The only thing about this price action is I would wish for a larger pullback. The entry here is above 13ema, despite the momentum.
Volume support is lower and starts around 41.30.
I'm going to take a small aggro position if we get a breakout, due to the overall ITA sector strength, but I would like to get a more conservative entry. I would like to enter between the 13 and 21 propulsion dots.
21APR23 42Calls. You could also look at 43 Calls which have more Open Interest.
Entry - $42.10
Profit - $42.95
25% Stop Loss.
Has 3-4 propulsion dots across 13/21/34 propulsion dots.
Vscore area,
RAF just below extremes = Minor low breakout.
The only thing about this price action is I would wish for a larger pullback. The entry here is above 13ema, despite the momentum.
Volume support is lower and starts around 41.30.
I'm going to take a small aggro position if we get a breakout, due to the overall ITA sector strength, but I would like to get a more conservative entry. I would like to enter between the 13 and 21 propulsion dots.
21APR23 42Calls. You could also look at 43 Calls which have more Open Interest.
Entry - $42.10
Profit - $42.95
25% Stop Loss.
Ordre annulé:
Did not take trade due to Gap and Go on the breakout.
Prices accelerated after breakout/big volatility bar.
Prices accelerated after breakout/big volatility bar.