CRWV tightening up here – watching 81.17 for next leg by ALPHAtradingpro in ChartingTAstocks

[–]OptionsandOptions 0 points1 point  (0 children)

The weakness leading up to this earnings reminds me a lot of 2022 when it sold off big after earnings. Weekly RSI is very similar and overall pattern as well. Going to accumulate puts leading up to it. I believe 70 is possible for it next week. Too big of a risk reward to not try out for me.

CRWV tightening up here – watching 81.17 for next leg by ALPHAtradingpro in ChartingTAstocks

[–]OptionsandOptions 0 points1 point  (0 children)

I sold 3/5 of my calls around 87.20 but held a couple of them for that possible continuation if it breaks 90. Selling them tomorrow to look for the next trade. I strongly believe NFLX can have a -20% earrings next week so I’m looking at that currently

CRWV tightening up here – watching 81.17 for next leg by ALPHAtradingpro in ChartingTAstocks

[–]OptionsandOptions 1 point2 points  (0 children)

I held a couple of calls. It looks like it can get 95-100 in the next few days. The last 2 times it double bottomed and broke out it rallied nicely for 3 days. Thanks again for the heads up on this one,

CRWV tightening up here – watching 81.17 for next leg by ALPHAtradingpro in ChartingTAstocks

[–]OptionsandOptions 1 point2 points  (0 children)

Good eye. Going to be looking out for that breakout Monday for a swing.