Going off in a different direction here. Looks like it might be one of the worst investments of all time if I am not correct. Sold a put with Nov expiry.
https://ibb.co/s9P5CpnQ
CBRL
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SOL
- Power VS Force
- Posts: 3274
- Joined: Sat Sep 26, 2020 7:32 am
Re: CBRL
It’s a volatile, long-shot play, based on sentiment, which means the reward profile is asymmetric. As long as it doesn’t close below 33 on a monthly basis, the outlook is somewhat bullish. In that case, a move toward the 40–42 range is plausible. That’s where resistance will kick in and decide the next course of action.
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply
The end is always near; its the beginning and how you live each moment that counts the most
The end is always near; its the beginning and how you live each moment that counts the most