Hi Clappy,
Congrats on your latest purchase. You'll be fine long-term. Things should improve once lifted political uncertainty, along with positive seasonality.
Per my real-time weekly charts, ~150/153 area provides excellent support for now. Rebound overdue due to an extreme oversold condition, along with the CEO's earnings assurance.
zdii.com
stockcharts.com[L,A]DACLYYMY[DC][PD20,2!B50!B200][VC60][ILA12,26,9!UH14,3,3!UK14!LL14!LB14!LJ[$SPX]!LF!LG!LC20!LM12]
Excellent forecast by my options mentor. He accurately called the closure of BRCM's June gap, and noted its progressively weak momentum.
But, released more short puts due to technical readings on my charts, along with this oversold condition. If wrong again, "ET phone home" ;-).
Good luck, my friend.
di |
