Well, this looks pretty damn sad, for a bullish trade. I would exit, if it wasn't for the fact that:
- Our risk is limited to the cost of the option, which is well within our risk tolerance for 1 trade.
- We are still in a valid Gartley pattern.
- We just filled in a gap.
- Stochastics are not overbought or oversold.
- The longer term trend on the Weekly is upward.
So, I'm going to let this continue to play out. The problem with this strategy is that the option will expire on 8/20/21. We'll need this thing to bounce soon.
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