ACB Short Opportunity

15 Nis 2019

ACB is starting to waiver as it approaches support and it's next test will be the final one for the trend. If it breaks here we're moving into a bearish move. However it could also hold and move higher the market does seem to be fading. The odds of a bearish move are picking up. I'm going to engage in a PUT position against ACB.

Buying 4x PUT EXP May 17 Strike 11 Cost is 0.85 per contract.

Target is going to be at $9.5 - $9

22 Nis 2019

İşlem elle kapatılmış

This trade went bad due to Merill Lynch catalyst