Since end of Jan '22, $SI has made higher highs against $SPX lower lows, and has found support at the relative strength uptrend against $BTC.
$SI narrowly reclaimed its 200 SMA after a double bottom at the major $100 level earlier this week.
Buyers have kept the stock sideways/up in a pretty violent market,
I think momentum is to the upside and any moment of broader market strength will likely send $SI straight to $150.
*I am long 4.14.22 150c*
$SI narrowly reclaimed its 200 SMA after a double bottom at the major $100 level earlier this week.
Buyers have kept the stock sideways/up in a pretty violent market,
I think momentum is to the upside and any moment of broader market strength will likely send $SI straight to $150.
*I am long 4.14.22 150c*