Hopefully those who had positions in Theta managed to sell the top (or close to it)
If they did, are they now looking for a re-entry or have they moved onto the next option?
I wouldn't be in any hurry to jump in but strange pumps seems to be the norm in the current environment.
I'd prefer to see it closer to the 50/200 SMA so further retrace required.
Keep an eye on it and cautious entry advised if feeling brave. (Tight SL)
Any thoughts on entry price or whether to just steer clear altogether?
Bingaz.
If they did, are they now looking for a re-entry or have they moved onto the next option?
I wouldn't be in any hurry to jump in but strange pumps seems to be the norm in the current environment.
I'd prefer to see it closer to the 50/200 SMA so further retrace required.
Keep an eye on it and cautious entry advised if feeling brave. (Tight SL)
Any thoughts on entry price or whether to just steer clear altogether?
Bingaz.
