Updated, alleged mild slope channel. This is a massive slope, waaaaaaay overboard to the upside. I still think we see 32$ in the coming weeks, the RSI is way overheated, volume is not great either.
Comment
Definitely taking an L on this one, this is why position sizing is important. I will remain in this position and see if this can become a market hedge play since I have both Nov/Dec expirations. Do remember that this trade was 1.5% of my small account.
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