Browse Stacks: Trading: Stocks: slopechart_MNDY.jpg

slopechart_MNDY.jpg

MNDY is on borrowed time. Even after this melt up, it is right up against it's gap resistance. A couple of red days and this thing will be right back down to it's former low, and beyond that it's clean air.  

Options kind of suck and are expensive. I'm thinking about playing as a put debit spread -- will save capital, and my exit point is not that different from a long put. JUN 17 short 100p / long 135p. Decent OI at these strikes.

Image added via SlopeCharts
slopechart_MNDY.jpg

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