Range bound to upper breakouts in TaMo

TaMo was following the trend line nicely, with lot of opportunities to do pyramiding . Booked all shorts as soon as the line is broken.

What to look for next?
Does it go side ways Or breakouts

Currently it's moving sideways , so good to sell options of call, put slightly otm. having said that be ready for adjustments in case breakout happens ( levels are marked in charts for easy deciphering )

تعليق:

As expected stock is moving within range , hold positions tight