This thing was a raging orgy midday, super fun intraday scalp. It retraced nearly 35% in the AH. Got this halfcocked theory it'll bounce around $12.50 and rally back up from there tomorrow. Watching this one closely manana, rolling into some upside calls if it bleeds into tomorrow's tape and ledges into support above $11. 🤙🏽
Trade active
yaaaa. looks* like a bounce just south of my PT. Only holding 50 shares here atm. Looking for more consolidation before I fill a 100 lot + calls. Looking hot tho 👠
Note
a few days later than I anticipated, but this trade pulled through! Nice profit in ALF this morning, dumped my position at $17.38 (prior high gap fill). It ran even further but failed just a touch below resistance. Looking for additional oversold RSI next week, but I think this name cools off for a bit.
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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.