WKHS Bearish atm.

14 Şub 2021

MACD, volume, price action, RSI and a fall under moving average all indicate a potential bearish time period.

I *may* consider put options for the weekly next week or for sometime this month if the prices are attractive.

I am anticipating a spread and potential consolidation at the 30ish mark


NOTES:

I never ever short the market.

This idea can be looked at as a point to wait for new lows, rather than actually shorting the position.

Once it stabilizes, I am still long on WKHS, just short in the interim.

Seems that people take the 'short' ideas really personally if you post a short side idea on a stock they have a long position in, lol.

24 Şub 2021

Not

WOW

I was not wrong on this one ha? More trouble in the markets in coming days. Dont be quick to put money in, this may be a bad 1-2 weeks. Slowly layer in your positions.

As for WKHS, If it breaks under 15, it will be a disaster. I may get the $10 put options on a speculative basis.