-Sellers attempted to force stock down further but were unsuccessful, as evidenced by the candle.
- Enter LONG with a price target of $16, slightly below the previous peak, to avoid extra unnecessary risk.
- Set stop loss at $14.10, below the main resistance line. Get out immediately on break of this line.
Options magnify your gains AND your risk. It's important to diversify with them - multiple plays at a time. You're never going to be right even 85% of the time, so it's extremely important!