$500 Challenge trade on $CGC
BOT +1 CGC 100 (Weeklys) 3 MAY 24 12 CALL @.37 Debit [TO OPEN] This trade has filled. This is a $500 Challenge Trade. This trade will either work or not, so please be mindful of risk. CGC saw a strong bounce higher yesterday and pullback today while still maintaining a Bullish trend with rising momentum and a move outside the 3rd deviation Bollinger Band. Last time this happened, we ultimately retested the highs and trended higher to next few trading days. If we can get a reversal back up it should allow for a quick win. However, keep in mind if the FED causes continued selling or we dont bounce, this will not work, so please keep your risk small. Do what you think is best for your account. Keep in mind your risk and only risk 100% what you are willing to lose.
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Director of Risk Tolerance @simplertrading. I teach traders about Risk trading options, stocks focusing on small account
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