Initiating a Re-Entry in RXRX - Trading the Multi-Month Channel

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Initiating a Re-Entry in RXRX - Trading the Multi-Month ChannelRecursion Pharmaceuticals, Inc. Class ABATS:RXRXBluntForceOptionsInitiated a re-entry in Recursion Pharma. The multi-month horizontal trading channel I highlighted continues to respect its boundaries with high fidelity: Lower Support Boundary: ~$2.75 – $2.90 Upper Resistance Target: ~$3.80 – $4.00 Trading this range via short put writes and common equity has been a consistently reliable setup over the past several months. With price once again holding the lower channel support and showing a strong initial bounce, I’m anticipating another expansion leg back toward the upper band. Risk is well-defined against the channel lows. Sticking to the playbook. Stay tuned šŸŽÆšŸ“ˆ