One thing we should keep in mind is the stock's location. We could have a quick first bullish entry above 254.00/252.00 up to 258.00. It depends on where it is in the pre-market. If it is near the 258.00 pre-market zone, it could encounter rejection. We only enter bullish above 260.00/262.00.
Our bearish entry should be below 250.00/248.00. Stops should be above the VWAP if it is bearish, or below it if it is bullish.
Our bearish entry should be below 250.00/248.00. Stops should be above the VWAP if it is bearish, or below it if it is bullish.
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