A break of 180 is definitely bearish. I am looking for another move lower with markets in the next week or two. I have this stock on my watch list because it should make for a nice day trade.
Based on price action, you could take swing puts now with an exit over 185. You could wait for a stronger signal, which would be a break of 180. Or if price goes higher then tomorrow you can look for price to be over 185-186. See the daily chart also for context.
Based on price action, you could take swing puts now with an exit over 185. You could wait for a stronger signal, which would be a break of 180. Or if price goes higher then tomorrow you can look for price to be over 185-186. See the daily chart also for context.
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