Professional trader,programmer,data enjoyed and chart enthusiast sharing insights — not advice. Always do your own due diligence. Markets carry risks. #NotFinan
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⚡ Pin & Squeeze Notes
Mild short gamma → amplified moves near pin/resistance
Watch 322–325 for temporary rejections or breakouts
Maintain tight risk management; position ≤ 2–5% portfolio.
$RGTI daily close at $17.98 with RSI 56.6 — sitting in neutral territory but leaning slightly bullish on positioning. No overbought/oversold extremes, giving room for price expansion in either direction. Momentum isn’t maxed out yet, so the next catalyst could define the move.
Trading Plan – As long as price holds $17.50, bias remains bullish with targets at $19.50 and $20+. Above $20, momentum traders may pile in. If $17.50 fails, $16 becomes the magnet. This is a breakout compression setup — small range now, but high potential energy for a big move.