eyeing some pin action opportunity

13 thg 3, 2021

SYN wants to melt up, dipping my toes in the water; defined a decent term structure, interesting to see if it ricochets off some cozy levels it's gravitated toward in the past. Doubtful it'll trigger as the time in force for a rally to sustain in this name is around 3 weeks, which could mean there might be scalping to be had as it peaks. That said, staying pragmatic asserting atm it overshot, possibly rest on this lower retracement then retest this channel's ceiling again in a more measured glide path...

Not a financial advisor. Avoid chasing. Trading is risky. Do your research, know your exposure & risk at all times. 🤙