I entered a small position after realizing there was a long term pennant formation and a gap to fill.
Entry $56 - 100 shares and leveraged with $70 four option contracts with 6 months expiration.
Added to my positions at $70 break out 2X.
Will add 5% trailing stop loss at $80 to take half profits and sell half contracts.
Long Long Term hold I have a $100 target because they now have instant deposit charges on cash app plus BTC broke resistance and making at lease a small come back which is supported on their platform. Dorsey has the vision I think he is a great CEO and some analyst have finally got on my level and confirmed my price target vision.
J
Entry $56 - 100 shares and leveraged with $70 four option contracts with 6 months expiration.
Added to my positions at $70 break out 2X.
Will add 5% trailing stop loss at $80 to take half profits and sell half contracts.
Long Long Term hold I have a $100 target because they now have instant deposit charges on cash app plus BTC broke resistance and making at lease a small come back which is supported on their platform. Dorsey has the vision I think he is a great CEO and some analyst have finally got on my level and confirmed my price target vision.
J