We closed the day below the channel, so now this looks like a really good entry. I jumped in too early and got the Feb 230/210 Put Spread for $5.41 this morning at 9:32am.
By the way, another pattern I saw but forgot to include in my previous post is a Head & Shoulders. The neckline, which is a little above the bottom of the channel, was broken today.
If things go well we might hit the target around 219 this week, if not tomorrow. I want to be out before the upcoming Earnings Report scheduled for 3/1/18 after market close. I expect we'll be out long before then.
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