SHORT | ATOS | Temporary price action | Valid before July

LONG TERM I'm 100% Bullish, this is a possibility for 1 week

Possible Scenario: SHORT
Evidence: Price action

I expect a healthy correction, just temporary, before 28th June. and then it will bounce up to 12+ before July 16.

* It's my idea and could be wrong 100%

Operación activa

TP1 Reached, lets go for TP2

Nota

I'm going to open PUT options, Strike 4$, July 16th.
SL :9.25
Exit point: 6.45

Nota

I opened short position also at 8$, I couldn't deny easy money

Operación cerrada: objetivo alcanzado

Nota

most likely it's going to test lower key-levels, I observed 8M$ ITM Call options, strike 0.5, 1.5, 2 that is for hedging long positions, they expect more drop.

Nota

join me in twitter: SHKSPRT

Nota

I guess it's valid for July also, even more.
As I trace option flow and price action and chart geometry, it's going to 4 or even 3$

Operación cerrada: objetivo alcanzado

Target Price 2 is hit

Nota

I expect more downtrends to 4.60 and 3.26

Nota

It happened, it hit 3.26 after a month

shkspr

no pain, no gain
Unveiling illusions, revealing wealth

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shkspr

no pain, no gain
Unveiling illusions, revealing wealth

También en: