$SI Silvergate - Oversold Bullish Hammer

SI Silvergate Capital - Hitting the bottom of its recent range with a possible bullish hammer candlestick. High probability of a near term bounce.

Bullish Unusual Options Activity:
2.1M of May $110 calls bought today (7x open interest)

Near term target: $160-$170 range possible by early May





Note: This is NOT investment advice. Educational only.