Shared by
spyrosz
Approaching fast & furiously a major long-term ascend. support line=$53.5-54 zone, being grossly over-extended after ER #s and news about CEO sexual harassment.
-- In a day with Qs down almost 2%, ATVI not making new lows might be sellers exhaustion for the time being
-- daily doji candle yesterday
-- daily+weekly RSI < 25
-- "RDR buy" today, taking out yesterday's LOD=$56.6 briefly, before reversing and rallying higher into the close
-- Got long tier 0 size 18 MAR 22 60 CALL, risking stop below the ascend. support line at $53.5
-- expecting a bounce towards the 9SMA@weekly to work off the over-sold conditions before any attempt to move lower
-- Would like to add another tier if it takes out the 9SMA@daily and starts holding above it
-- 1st target 20SMA@daily/9SMA@weekly
---> WHERE IS THE MOMO ADD AS 9SMA@DAILY GOT RECLAIMED + HELD ABOVE FOR 5-STRAIGHT DAYS + SHOWING RELATIVE STRENGTH VS OVERALL MARKET??? TRAGIC!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-12-03 10:26:43 | 18 MAR 22 60 CALL | buy | $3.850 | long |
| 2021-12-03 10:26:43 | 18 MAR 22 60 CALL | buy | $3.850 | long |
| 2021-12-07 11:41:27 | 18 MAR 22 60 CALL | sell | $4.450 | long |
| 2021-12-16 11:29:41 | 18 MAR 22 60 CALL | sell | $5.500 | long |
| 2021-12-23 11:12:49 | 18 MAR 22 60 CALL | sell | $7.100 | 0 |
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