Pfizer is coiled against the breakout level of a year-long reversal.
Volatility on the Strazza Indicator is compressed across multiple timeframes as bulls continue to absorb overhead supply.
As the market keeps wobbling, balancing the book between long and short trades could be an effective way to stay profitable.
Last week, we added 3 puts to our Breakout Book. This week, we're looking to balance our book out with some longs.
If you want access to our Squeeze Engine and our next trade, join Breakout Multiplier here, risk-free.