#META back to COVID level. Is it a good entry already?
Investment Diary (By Joe Pong Wealth)
Shared my thoughts on current big tech price levels, and why I think they are stretching near resistance levels. Executed quite a few bear call spreads tonight. If you have not seen it, click on the group logo and tap “Discuss”
Some lucky winning streaks by closing few of big tech bear call spread verticals early ✅✅✅✅
Congratulations if you managed to follow the trade. If you are still open, here’s some heads up:
#AAPL reaching short term support, #NVDA shooting back up, I closed #META & #MSFT early but they should still have a bit of room for profits.
As #TSLA fell for another 4% today, I just triggered another bull put vertical (high risk trade, as TSLA has not found any technical support price). Will be looking for opportunity to close all my #TSLA open options before expiry as soon as they turn profit.
Congratulations if you managed to follow the trade. If you are still open, here’s some heads up:
#AAPL reaching short term support, #NVDA shooting back up, I closed #META & #MSFT early but they should still have a bit of room for profits.
As #TSLA fell for another 4% today, I just triggered another bull put vertical (high risk trade, as TSLA has not found any technical support price). Will be looking for opportunity to close all my #TSLA open options before expiry as soon as they turn profit.
#META - lots to catch up for previous price channel, but overextended now
#META is a stock I sold off before the great crash last year, and it has since been rocketing like crazy. Trying to get back into historical trending range after the huge 150% rebound. Expect some consolidation or pullback to 300 range before entering the 330 above range