Foren & Soziale Netzwerke zur VERTICAL AEROSPACE Aktie

 

I have had an open position in EVTL for a couple months. I bought it for about $4.50. Then, this past week I closed the entire position after the breakout. My closing prices was $6.70. I closed it simply because I thought that the breakout move was too fast and that it would come back down again, and I'd be able to re-enter. That's kind of exactly how it played out. 1. The upper trendline broke. 2. The RSI got crazy hitting somewhere around 83 3. The price came crashing back to earth, and the RSI with it. 4. The old upper trendline acted as a support on Dec10, and the price bounced. 5. Dec11 the price dropped again to the trendline. We're back down at $5.76. I see 3 levels of support: 1. The old upper trendline 2. The 200 day moving average (and all the other ones) 3. The POC (which is currently at about $5 for the range I'm looking at). So for me, I see enough support down to $5 to think that any entry point close to $5 is a good one. My plan this week: 1. Start by selling $5strike puts for this we