XL - Will It Hit The Median Line? ๐ค
ืืขืืืื
Continuing from previous thread XL is at a very interesting juncture here.
It has hot the long term 1:0.618 fib and now watching to see if it can hit these lower short range fibs to complete the count.
If it does price will hit the big yellow pitchfork median line which it hasn't hit so far and will indicate an over extended trend.
If it gets there I will probably sell a few OTM leap puts as implied volatility will be high.
Not advice.
It has hot the long term 1:0.618 fib and now watching to see if it can hit these lower short range fibs to complete the count.
If it does price will hit the big yellow pitchfork median line which it hasn't hit so far and will indicate an over extended trend.
If it gets there I will probably sell a few OTM leap puts as implied volatility will be high.
Not advice.
ืืขืจื
I guess XL is not the most popular name right here - not a lot of greed and certainly no bananas in this chart ๐.
I'm taking a break from TradingView๐๐ป.
But offering 20% discount to join my group ๐๐ป
Lots of content every day with regular videos, 1:1 and chatroom ๐.
Telegram Group: $40 for first month in January (then $50)โจ.
Contact: t.me/dRends35
But offering 20% discount to join my group ๐๐ป
Lots of content every day with regular videos, 1:1 and chatroom ๐.
Telegram Group: $40 for first month in January (then $50)โจ.
Contact: t.me/dRends35
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