XLE Long September 50 Calls
Jumping into XLE here.
Oil will need to rebound if the market intends to press on, and we see this as a highly likely scenario.
We also had a very nice bounce off the 50% Fibonacci line, as well as a confirmation of support on the 50 EMA.
With a bullish market and multiple entry factors, this looks like a perfect setup for a 10/20% option return.
Feel free to follow this thread as we will be posting updates as this thing moves like all of our trades.
Good luck, All!
Oil will need to rebound if the market intends to press on, and we see this as a highly likely scenario.
We also had a very nice bounce off the 50% Fibonacci line, as well as a confirmation of support on the 50 EMA.
With a bullish market and multiple entry factors, this looks like a perfect setup for a 10/20% option return.
Feel free to follow this thread as we will be posting updates as this thing moves like all of our trades.
Good luck, All!
Trade aktif
Trading ditutup: target tercapai
Closed 24% in one day :)XLE could still run here, but that was an epic 1 day hold.
Catatan
If we see a retrace to entry prices, I will enter again.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.