Went long on this. Going to be a longer hold. There's a gap on price in the daily at $36. Given the recent momentum in 
META and 
SNAP, I think we'll see this name get carried along. Still have to clear the EMAs and VWAPs but with a wedge in play and a healthy bounce off the bottom, I'm betting we get some momentum here.
Bullish in the medium timeframe (next 6-12 months). Longer hold.
META and SNAP, I think we'll see this name get carried along. Still have to clear the EMAs and VWAPs but with a wedge in play and a healthy bounce off the bottom, I'm betting we get some momentum here.Bullish in the medium timeframe (next 6-12 months). Longer hold.
Nota
This was a pretty easy call to make. Great earnings. Even better is we'rge still within the macro wedge after a gap up in earnings (~17%). I trimmed some of my calls and held a few runners. Great play.Trade chiuso manualmente
Overall wedge ended up failing. Was able to make great money within the wedge but the broader trend failed. Oh well.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.