DigitalData

BFLY JUNE 18TH CALLS - WHY YOU'RE WRONG ABOUT BFLY

Long
DigitalData Updated   
NYSE:BFLY   Butterfly Network, Inc.
Well,

This one I have watched off and on and traded a few times. Firstly only been around since August 2020 and not even traded at all. Once again constant "downtrend" and horrible analysis on TA let alone not looking at fundamentals with this company.

1) They've never been a bad company max range from 9 to 28. Not like they fell from $1000

2) All stocks retrace out mega caps and even they will retrace. It's called a correction and it's extremely easy for corrections to have with less volume traded and when shorts gang up on stocks and push them down as well.


ER was mixed bag but clearly revenue is about to explode with this company. Easy buy.
Comment:
BOOM huge profit on my call options $15 sold
Trade closed manually

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.