Not selling if the stock opens significantly down. (Could fill the gap and keep going up.)
– Down on volume.
– Short term RSI closing under medium term RSI.
Should at least stall out here.
Stop loss is a close above 32.
Update January 16: Filled at $220.
Update January 29: Covered at $256, -16%.
I would not want to be long, but more so, I don’t want to be short right before earnings tomorrow. The reward is not worth the risk.
Update January 31:
Option had a low of $51 and closed at $155.