[ATTACH] ASN I'm thinking a break of the recent downtrend could...

  1. 281 Posts.
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    ASN
    I'm thinking a break of the recent downtrend could happen this week with two indecisive Dojis out of the last three days. Nice volume on Friday and held 4c.   Probably some resistance around 5c due to those high volume days and some underwater holders eager to get out at break-even. So I think any spike will be short lived. That's why I chose the ASNOA options, cause if the heads get to 5c then the options should be worth around 2c. But to give myself a lot of margin for error in my reading then I'll look to sell around 1.6c
    Not saying this will happen but it's just plan A.
 
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