MaryBlossomJ

META Watching

NASDAQ:META   Meta Platforms
Chart has made a Rectangle chart pattern. I like like this pattern bc it's easy to see.
-Meta is has been consolidating between $134.55 and $142 for the past 14 days. It needs to break one of the two to know it's new short term direction/trend.

If META breaks above $142.50, we should see $155.
If META breaks below $134.55, we should see $121.

I have alerts on, ready to go when necessary.
Patience is free (note to self)
Komentar:
I may buy a call on this to $140-142, if it holds here at 135.30
Trade aktif:
It looks like this is holding under $134.55. I'm pretty sure that this will be downtrending for now. I'm in at $134.60 (NOV 18,2022 PUT)
Trade aktif:
1st Target: $121
Trade aktif:
Meta is holding below $134.01
Trading ditutup: stop tercapai:
Meta is breaking upward for today. Don't think it'll hold though.
Trade aktif:
Confirmation of downside. PUT.
Komentar:
Confirmation of downside. PUT for 1st target.
Hold for next 30 days.
Trading ditutup: target tercapai:
Target hit 10/13/2022. Puts printed.
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