Not my usual setup but chart showing classic J Hook setup.
PA is hitting S/R at 265.
RSI showing sings of Oversold.
Volume continues to Increase.
Will watch how PA opens today and take a view.
Looking for PA to consolidate before Reversal to Mean Higher.
Looking at 265/260 Put Credit Spread with 270 Call for Higher Bias.
Sept Exp.
Good Luck - Watch your $$$ RISK
PA is hitting S/R at 265.
RSI showing sings of Oversold.
Volume continues to Increase.
Will watch how PA opens today and take a view.
Looking for PA to consolidate before Reversal to Mean Higher.
Looking at 265/260 Put Credit Spread with 270 Call for Higher Bias.
Sept Exp.
Good Luck - Watch your $$$ RISK