$USAR CUSTOM 261016/261016/261002/261002 PUT 15.0/PUT 13.0/PUT 15.0/PUT 14.0$ 1️⃣ Why am I making this trade now?
USAR is in a clear medium-term downtrend. Momentum has been persistently negative since the June peak, and the stock is now pinned near the bottom of its 52-week range.
2️⃣ What’s my plan from here?
The technical picture is weak-to-oversold, but the oversold condition alone is not a reversal signal — the stock is a pre-revenue story stock, so the outlook hinges more on financing/execution news than on chart mechanics.
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