Tuesday, December 14, 2021

+6% but coulda shoulda

 Opening NVDA trade had some size and a good gain. Should have quit. XPEV, gave back half those gains.


SSE shows the chop better. How can I avoid these? I think I would either take puts at the top of the range, or on the pop/drop, instead of trying to get the breakdown. BUT... why was this a choppy setup? It gapped into no man's land on a strong down market day. It "should have" flushed, so if it doesn't, that implies there is some strength there. Expanding range, price discovery. AVOID.




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