I REALLY DO like X long at this or around this area. It's had a nice pull back as we planned over 25 days ago. 100 SMA on a monthly chart is the $29.70 purple line. This drawing, AKA #Mrsquiggles is just my representation of what I think X actually does from here. Either way, one could start consider bull put spreads, put sales or location term accumulation down here. :-)
Pretty darn close on your expectations, can I rent your crystal ball!
Reallifetrading
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@hdon94, HAHA!! Thanks!! :-)
Reallifetrading
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Appears X is trying to make a double bottom. I got the rotational waves right (just wrong angle) which is fine. I really don't mind owning shares. RIG / WFM put sales are gone and PNRA likely will get called away. :-) Happy days. #buylowsellhigh