380PE had high open interest and so took a trade to the upside with 380 as the stop. Bought stocks at 392. There is daily resistance near 420 and weekly at 450.
Trade wurde manuell geschlossen:
Closed the trade at 392. This sector is very weak, any up move is met with strong downward movement. So closed the trade and want to stand aside.
Kommentar:
Look how the cloud works their tricks. Ideally never buy below the cloud. However, that is not how I trade for now.
a236z