BTU Momentum Setup for B/O

20 בינו׳

Positive sector sentiment & bullish options chain look juiced to $22 PT

21 בינו׳

עסקה פעילה

BTU broke out of upper trendline but the b/o was rejected intraday. Closed the day back within the channel moving back up towards upper trendline.

Macro is driving the growth so watch for your confirmations and set stop losses to de-risk vs fundamentals/macros

23 בינו׳

הערה

Rejected at upper trendline for the 2nd time invalidating the trade but Trump pumped coal hard at Davos meeting so technicals don't really mean much right now.

Trimmed 19.50 calls 125% and holding 20 and 22 calls for Feb 25

30 בינו׳

עסקה סגורה: היעד הושג

Forgot to update, closed all contracts last friday.