Rolled expiring put further out, price is currently bottoming out, perhaps on its way to recovery now. Seems like there's a general rise across the AI/ chips / data centre stocks now that NVDA has released their earnings.
Keeping my eyes peeled in the coming days on the price action, it is still weak as of now, consolidating sideways with no clear signals (RSI still lingering in the 40s, MACD however potentially forming a golden cross in the daily chart) whether the stock has bottomed. Support remains at ~15-16.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Close | -0.35 10 | -- Closed |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- DonnaMay·08-27 09:52MACD daily golden cross is worth watching, but without volume this bounce can fade fast. That 15-16 support matters more here1Report