Justiceisfalse
Long

Test 85 this week?

NASDAQ:FB   FACEBOOK INC
35 1 0
Bull case:
We are back above the 50 daily EMA at 80.30.
80.30 was tested Friday and again today.
Other side of 81.85 and a close with a 82 print should get us to test that D/L from the March and April highs.
There are other technical theories you can throw in here in addition to the over equity market that will keep on jamming.

Bear:
Lack of juice and it fails the pivotal 81.25-81.85 zone again.
If it has a shitty week and pins, it will most likely be at 80 where all the O/I for both puts and calls sit.

Strategy:
Long weekly 82 calls
Justiceisfalse
2 years ago
Keeps failing that 81.15 to 81.25 level.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out