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)
-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)
Comment:
I may buy a call on this to $140-142, if it holds here at 135.30
Trade active:
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 active:
1st Target: $121
Trade active:
Meta is holding below $134.01
Trade closed: stop reached:
Meta is breaking upward for today. Don't think it'll hold though.
Trade active:
Confirmation of downside. PUT.
Comment:
Confirmation of downside. PUT for 1st target.
Hold for next 30 days.
Hold for next 30 days.
Trade closed: target reached:
Target hit 10/13/2022. Puts printed.