PlanTradePlanMM

FSLY to Long, at bottom of sideways

Long
NYSE:FSLY   Fastly, Inc.
In Uptrend,
at bottom of sideways;

Entry 76
Stop 69
Target1 97; reward:risk=3:1
Target2 130; reward:risk=7:1

Earning date 10/28/2020 4 PM

I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Trade active:
Option Buy Jan C90/120/150 Limit 3.00
No stop, bid/ask too wide, very hard to fill order in mid-price;
Option reward:risk=9:1, OK to try.
Trade active:
Price down to a fresh demand zone. Entry another long order. Target 100.
Buy Jan C80/100 Limit 2.63
No stop.
Trade active:
Sell to close Jan C80/100 Limit 7,
Profit 7 - 3 - 2.63 =1.47, This trading plan is a winner already.
Still hold Jan C90/120/150;
Trade closed: target reached:
close all, limit 7. this is a big winner.
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