RE:RE:$5.51 USD Close$5.69 USD is a level of resistance, next resistance is $5.82 USD.
I still feel good about my comments from yesterday, What I am not liking is the Open Interest from yesterday on $5.50 and $6 contracts is increasing. Who da f is selling New Contracts? I don't know.
Better to be safe on the fire, gas and explosives.
Sold 50% of my Weeklies position. Holding the other half.
In at $11 per contract, out at $31 for half my postion.
Thank you God for the blessings.
eom
momo
CommonCentsforDollars wrote: Heavy Volume on the $6 weekly Calls. I could be wrong but IF it is giving the same sort of " tell " as the OTM Call volume did early last week it would mean this pushes above $6 USD by end of week. Also there is an inversed Head & Shoulders on the chart which is bullish as long as we hold $5.15 USD. I took a half position on the $5.50 Weeklies on the dip. May add more tomorrow or just remain at a half position on these yolo's. Not a recommendation, just my observation. Cheers.
CallsforMarch 25, 2022