$SPOT on...
SPOT has been on an epic downtrend sitting -45% from it’s all time high but bouncing off it’s original resistance (now support) of $200. With more volume across the option chain than I can remember, taking a small position with any close above $215 (prior support). This trade is bullish near term for a small bounce up toward it’s next resistance level of $240.
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📈 Training Next Gen Investors
🥇Turning Experienced Traders into Pros
🚨 Daily Trade Alerts for Stocks & Options
🚀 Visit our site for free access
🥇Turning Experienced Traders into Pros
🚨 Daily Trade Alerts for Stocks & Options
🚀 Visit our site for free access
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.