$ROSE — Watching the 11.60-11.65 Zone

Been keeping an eye on $ROSE lately, and it's starting to look interesting around this 11.60-11.65 area. We've seen some decent bounces off this level previously, hinting at it being a bit of a demand zone. The daily chart shows a clear series of higher lows, which is a bullish sign, but it's really compressing into this range now. If it can hold above 11.60 on any dips, especially with the volume we've been seeing, a push towards 11.80-11.90 isn't out of the question.

Now, the risk here is pretty straightforward: a clean break and close below 11.55 would invalidate that idea for me. If that happens, we're likely looking at a test of 11.40, possibly lower, and any long thesis gets shelved until it can reclaim higher ground. It's not a set-and-forget; gotta be ready to react if the support doesn't hold. Volatility's been a bit low for my taste, so premium isn't exactly juicy, but if we get a move, things could heat up for short-term options.