Getting Long Sanderson Farms ( $SAFM )

Looks like a Double Bottom in Sanderson

Sanderson Farms has been in a persistent downtrend for a while.  But now with a back check to the recent low, it looks like a double bottom is forming.  Price re-tagged the low but with bullish divergence showing on the RSI and PPO momentum indicator.

Getting Long
I’ve taken a small position in the Aug 100 Calls. I paid $3.33    They are slightly higher now
My stop is the recent low.  My target is 107.50.

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