Taking this 5R long here for 3 primary reasons:
1. Net exposure is to the downside, this looks like a nice counterbalance with oil in the dumps
2. Active weekly RE Buy after a RE from the 15W mode
3. Price has pulled back to a key earnings level, with another one $1.50 below it,
which should act as a level where strong buying pressure will arrive.
GL!
1. Net exposure is to the downside, this looks like a nice counterbalance with oil in the dumps
2. Active weekly RE Buy after a RE from the 15W mode
3. Price has pulled back to a key earnings level, with another one $1.50 below it,
which should act as a level where strong buying pressure will arrive.
GL!