META pullback to $586

3 dic

MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.

So...

Here's why I'm picking this symbol to do the thing.

2HR CHART (expect target to hit THIS WEEK)

Price at or above top of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM is spiked positive
Price at or near 3.618 Fibonacci level
Target is $586 or channel bottom

3 dic

Nota

Just bought METD at $19.31

6 dic

Nota

Still holding METD beyond this week. Buying more METD at $18.75.
If META $629.78 is the high, then pullback target is about $600.

19 dic

Trade chiuso: obiettivo raggiunto

$596 was close enough. Price reached bottom of channel.