Long
$SI Silvergate - Oversold Bullish Hammer
SI Silvergate Capital - Hitting the bottom of its recent range with a possible bullish hammer candlestick. High probability of a near term bounce.Bullish Unusual Options Activity:
2.1M of May $110 calls bought today (7x open interest)
Near term target: $160-$170 range possible by early May
Note: This is NOT investment advice. Educational only.
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