Rolling for another 2 weeks for premiums until I get assigned, as mentioned earlier, support remains at 14.5 to 15. RSI probably needs a quick flush downwards to the oversold territory with bigger volume to complete the bottoming process. Volume is currently decreasing alongside price falling, needs a decisive flush with a rotation back to such risk assets.
Should be a good long term hold with continual growth in it's growth story as the appetite in the demand for data centres remains insatiable. Rumor has it that the war is about to be declared over by the Trump admininstration and the immediate impact of crude oil falling would take the chances of any possible rate hike down along with it. This leads to another positive news towards CIFR which is hyper sensitive to rates given how heavily positioned they are upfront in terms of Capex especially in the longer term.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Close | -0.55 5 | -- Closed |
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- huuou·15:22Need that panic volume first. If 15.2 starts tripping stops, the RSI flush probably comes fast and that would look way cleaner for a real bottom1Report