Been AFK for quite a while didn't trade much since December just converted to cash after a few medium L's around Jan.
**I think an obvious disclaimer here is this is contingent on the market/war/fed data not being bad after this. Too fragile right now.
On this one I think we have a really good Supply/Demand area and possible breakout. Pretty decent fundamentals overall. I would be looking mainly for an options play w/ cover or just stock.
OPTION #1 --- BREAKOUT **Only would take trade on retest of breakout. Target 1: 110 Target 2: 122 Target 3: 134 unlikely without news/huge market news.
OPTION #2 --- WEDGE PLAY Assuming breakout fails and it may. I am going to most likely buy the bottom of the wedge/triangle seeing as its a pretty great spot for demand.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.