$Futu... very aggressive moving stock here, Chinese holding company that has gone parabolic, watching to see a continuation to retest ATH or a hard drop! Not a good long term stock imo, very volatile and only recommend going in this for short term swing or day trade. Expensive premiums and high IV on contracts, choppy movement or flat movement after hours will kill your premiums and contracts will lose value quick.
*side note* I have been busy with work and school and still have some personal things to handle this coming month but will be dropping some charts and affordable plays later. As of now the market looks bloody as we rotate to different sectors each week. Set watchlist by sectors and see where the money is going. Lots of strong company names (aapl, tdoc, sq, tsla) on sale and are at a great spot to add them to long term portfolios. It is safe to stay away from short term swings as there is lots of market uncertainty due to stimulus, memes, inflation, etc. Don't get burned trying to catch the bottom, sacrifice a little profit and wait for clear signs of reversal. Don't know signs of reversal? well now is your time to do some research on TA, FA, Market psychology and more. I will also be uploading more educational videos covering that as soon as I can!
*side note* I have been busy with work and school and still have some personal things to handle this coming month but will be dropping some charts and affordable plays later. As of now the market looks bloody as we rotate to different sectors each week. Set watchlist by sectors and see where the money is going. Lots of strong company names (aapl, tdoc, sq, tsla) on sale and are at a great spot to add them to long term portfolios. It is safe to stay away from short term swings as there is lots of market uncertainty due to stimulus, memes, inflation, etc. Don't get burned trying to catch the bottom, sacrifice a little profit and wait for clear signs of reversal. Don't know signs of reversal? well now is your time to do some research on TA, FA, Market psychology and more. I will also be uploading more educational videos covering that as soon as I can!