Watchlist:
$BP -> Bullish divergence @ and area of demand
Entry @ 34.5
$LULU -> Bullish divergence and oversold. Same play as last time
Entry @ 282
@Jake__Wujastyk You mind explaining the rationale behind this. Is it just PA because to me it just looking like broken trend lines but I’m sure there’s more behind the scenes
Watchlist:
$C c:Cup and handle on the hourly entry over 65
$MRVL c: neck break of a double bottom on daily entry at open and scale in towards neckline
$GE c: entry on break out of this bull flag above 165
Watchlist:
$C c:Cup and handle on the hourly entry over 65
$MRVL c: neck break of a double bottom on daily entry at open and scale in towards neckline
$GE c: entry on break out of this bull flag above 165
Watchlist:
$C c:Cup and handle on the hourly entry over 65
$MRVL c: neck break of a double bottom on daily entry at open and scale in towards neckline
$GE c: entry on break out of this bull flag above 165
Honestly not my best work
1.Wrong contract strike price way out the money
2. Didn’t check the delta/theta ratio before entering
3. Bought calls instead of puts to start with
All about patience but when the opportunity arises to get in a play still practice due diligence