Calling the Top of EBAY.

Actualizado
Played EBAY to the short side today with options.

Play
Bought 34.5/33 Put Spread for .57

Reasoning
  • Competition of Daily Elliot Wave 5 count inside of Weekly Elliot Wave 5.
  • Held .786 Fib Extension of Wave 3 resistance.
  • 50SMA was left in the dust. Looking for a convergence before continuation.


I will posting updates to the trade as I adjust my position.
Nota
Sold back 34.5/33 Put Spread for .70.

I am now flat.
Operación cerrada: objetivo alcanzado
Just hit .382 retracement. Successful call for pull back
Elliott Wave

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Dylan

Exención de responsabilidad