So $FB has been hanging here for quite a while, which looks rather bullish. The question is, if $FB is to make a bullish move, which route it will take?
For green route, FB might make a huge bullish gap then move upwards. In this case, I will chase with a small position, in case the price retests the current resistance (which will be support by then)
For blue route, I will buy the dip quite heavily.
If we close at current price, this looks more like a head fake, and we might just go blue route. but guess we need to be prepared for both cases.
For green route, FB might make a huge bullish gap then move upwards. In this case, I will chase with a small position, in case the price retests the current resistance (which will be support by then)
For blue route, I will buy the dip quite heavily.
If we close at current price, this looks more like a head fake, and we might just go blue route. but guess we need to be prepared for both cases.
Trade active:
already broke through lol. Bought a 2021 Jan leap call. I am now kind of expecting the price to pull back so that I can add two more.
Trade active:
added a 2023* (somehow I wrote 2021 in my last post, which is obviously wrong) Jan leap call.
Trade active:
added my final 2023 leap. I am done with my FB position. This is getting obvious. higher high, higher low, old resistance, new support...