CRSP: Trade idea
Hey traders, here's my play on CRSP
I added more shares on Friday before close which brought my average cost slightly down to $168, will keep adding if we go below $150
Conditions/Catalyst:
I will scale into March 5 180c so long that 162 is held. My targets are 172, 177, and 193. This play will heavily be dictated by volume, if I see lots of buying I will go overweight and continue to hold. Once I see price action moving sideways on low volume I'll cut the chord with a small loss and might play 170c or 155p weeklies depending on direction.
**Since January 27 the price action has been tightening and this could signify a move up, or continuation on a move down**
I added more shares on Friday before close which brought my average cost slightly down to $168, will keep adding if we go below $150
Conditions/Catalyst:
- Earnings + pipeline update (CTX130, CTX120, & CTX110 in sight)
- Potential reversal Friday before close
- Hammer candle resting on 50ema after a major sell-off
- Moving averages + price actions tightening up since January 27
I will scale into March 5 180c so long that 162 is held. My targets are 172, 177, and 193. This play will heavily be dictated by volume, if I see lots of buying I will go overweight and continue to hold. Once I see price action moving sideways on low volume I'll cut the chord with a small loss and might play 170c or 155p weeklies depending on direction.
**Since January 27 the price action has been tightening and this could signify a move up, or continuation on a move down**
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.