Sell 620CE + Buy 640CE
Weekly looks like massive "Sell" if white line breaks. Daily it is having a "Retest".
Even if sell triggers, it will again come to a halt on the next support.
And I do not see it will break this third support because it has strong supply here.
But as summer is already screwed due to Covid and people forgot about ACs this season, it missed a good sales period.
Heavy Duality in mind. But Price action tells to do call spread as Weekly selling pressure is undeniable.
Weekly looks like massive "Sell" if white line breaks. Daily it is having a "Retest".
Even if sell triggers, it will again come to a halt on the next support.
And I do not see it will break this third support because it has strong supply here.
But as summer is already screwed due to Covid and people forgot about ACs this season, it missed a good sales period.
Heavy Duality in mind. But Price action tells to do call spread as Weekly selling pressure is undeniable.
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