Long $CAN on breakout out of channel / wedge and steep pullback
Went Long on $CAN after breaking out of channel or wedge, on the end of quarter, after a very steep pullback, and in the context of Tech and Semis being strong.
- Entry: At 20.64 underlying, 2 vertical debits @ 22.5 / 45 strikes, for 3.19
- Target: 30 to 32 underlying, will look to hold half in case of a runner.
- Stop: Daily close and acceptance below 14
- Entry: At 20.64 underlying, 2 vertical debits @ 22.5 / 45 strikes, for 3.19
- Target: 30 to 32 underlying, will look to hold half in case of a runner.
- Stop: Daily close and acceptance below 14