it needs to break 89 before that can happen. doesn't look like it will. should see pullback to 85-86 before end of year. then maybe rally above 90. not happening this week unless dow goes to 16500. dont see that happening
rsi reset on down day, holding 23 very well and pushed to 24 this week. and the biggest reason? golden cross happened thursday. typically 10% gain after that happens, it happened around 23.50, so go figure 10% puts it at $26 which ironically was the last high and new resistance. Good luck everyone. i own the 23 calls for oct 25, paid .95
options X too strong, $22 pin was easy money. i bought the 22.50 puts, made 24%. next week we should touch $23, not sure where it will close, making higher highs and higher lows = bullish. own the $21 calls at .67 avg.
i had the sept 21st $20 calls from yesterday, paid $.25, sold for $.7 this am... rebought when stock dropped to $20.03 for $.505, sold for $.82. will buy again on dip tomorrow. have some $20.50 that im barely at profit on that im holding.