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#CMG and #TSLA Coiled in 7days.

 Post by alonzo07
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 1
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 Fri, Nov 10 13:47 PM
 Phytoplankton

These  2 are prime sample of tight narrow range, if by squeezing the time frame by 7 days using 30minutes channel, you will get a box set-up.  Trading orthodox is the longer it base/ coil, will resolve in powerful rally/ or sell off.

TESLA and Chipotle Mexican Grill both in narrow band stretch in 7days. See chart*

 
ng896
 Mon, Nov 13 14:37 PM

TSLA thanks for the note, great options trade today.