From small cap to large cap (ex. ROKU), there are several instances like this. The setup is John Carter's 200-500 moving channel. One way to trade this is to sell deep in the money (bull) put spreads. First target on the upside is 13 but timing is tbd. A double daily close below the recent low is stop.
It seems crazy but the number of setups like this suggest to me that the Fed is likely to pause rate hikes today - or to cut.
We're in a (developed country) worldwide hyper-inflationary environment. Hyperinflation means hyper volatility. Manage your risk accordingly.
It seems crazy but the number of setups like this suggest to me that the Fed is likely to pause rate hikes today - or to cut.
We're in a (developed country) worldwide hyper-inflationary environment. Hyperinflation means hyper volatility. Manage your risk accordingly.
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