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fung_derf

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fung_derf

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Re: None

Thursday, 02/29/2024 10:55:30 AM

Thursday, February 29, 2024 10:55:30 AM

Post# of 223
From what I'm seeing in the chart is a flag formation, which means it will be bouncing back and forth for maybe a week or three more. I guess a traders dream if you're gutsy....or buying options (which probably are quite pricey).
I thought perhaps a pullback to $550 is the entry point, now I'm thinking $650 or so. Still looking pretty pricey.

Honestly, a straddle would be a great play here.

Just my opinion, of course.

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