AI - Back into controlled buy channel
- Cup formed?
- Ideal handle pull back would be to 27
- Note that if no handle formed, then it is not a CnH.
- It has broken back into the buy channel algo. range between 32 and 41.
- Breaking below back into range will almost certainly see it back to 21.
- Ideal handle pull back would be to 27
- Note that if no handle formed, then it is not a CnH.
- It has broken back into the buy channel algo. range between 32 and 41.
- Breaking below back into range will almost certainly see it back to 21.
Good luck, all.
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Mr-Silk : I also see a pull back directly correlated with last quarter earnings . I’m smelling a significant drop come Thursday.
Asphen OP Mr-Silk : ah... Good one. I missed out on the earnings.
For this one, I would still lean onto long puts but will see how price action is on 30 May as 29 May is a holiday.
Mr-Silk : Indeed! Much success to you!
102796899 Mr-Silk : Short call & long puts
icezzz : No pullback, pre market
Asphen OP icezzz : we shall see later