Next Era Bounce Long

Zaktualizowano
NextEra is on a crucual support of December 2020 and with increasing energy demand, a weekly bullish setup can be played. Initiate Bull PE spread i.e. sell 17 June 70 PE at opening price on Jun 14 and buy 6.5 PE of the same expiry. Net credit. Square off on expiry and enjoy the credit. SL 64 - 74.
Uwaga
So far going great. Strategy net now +$33. Keep referring payoff and trail Stop Loss accordingly.
Candlestick AnalysisSupply and DemandSupport and Resistance

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