This upcoming week is a fine time to look for this chart to breakout above all-time highs. If any daily (or smaller time frame) candles close above the 238.80$ price level happy trail stops. Not any price resistance above it that I can see. MACD crossing higher on the daily and the weekly.
Monday I'd like to see where the APR 240 Calls are trading at to get a contract for a quick move (around 4.30$ right now) or check the JUN 250 Calls that seem liquid enough to get in at $5.00 or below for a longer holding position, this way no worries about theta decay since they are both Out of The Money today. We're wrong with a close below 220$ on the underlying stock price on the daily chart.
The indexes are looking to take a rest from going higher but this chart may not care.
Monday I'd like to see where the APR 240 Calls are trading at to get a contract for a quick move (around 4.30$ right now) or check the JUN 250 Calls that seem liquid enough to get in at $5.00 or below for a longer holding position, this way no worries about theta decay since they are both Out of The Money today. We're wrong with a close below 220$ on the underlying stock price on the daily chart.
The indexes are looking to take a rest from going higher but this chart may not care.