May. 8 at 8:30 PM
$APP
$RDDT
$IGV
There’s been some positive options flow across these names, but more as a supporting signal rather than a primary driver.
The main focus is
$IGV — it has now broken out of consolidation and also cleared its downtrend line, which is a meaningful structural shift.
This can potentially trigger upside pressure in the short term, but continuation is the real key.
If it were you, would you:
follow the breakout immediately
or
wait for a second confirmation?
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