Upward momentum
Diupdate
It seems large-cap grey beards are sustaining runs during this sell-off. Plausible third green day and breakout of the long-term upward wedge. 3/5 61 or 62c.
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I lost $52 on this one because of bad entries and exits. Also, this is a good example of sticking with one play per day and not chasing multiple gappers. Just stick with one. If it doesn't pan out then tomorrow is a new day.The accumulative percent gains on the three main pushes for this gap consolidation was 332% for 3/5 61c. Yes that's right 332%. Being patient and entering and exiting correctly is the point.
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