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shkspr
Nov 4, 2021 11:08 PM

Long | MQ Long

Marqeta, Inc.NASDAQ

Description

NASDAQ:MQ
Put it on your watch list, and enjoy this perfect opportunity.
Possible Scenario: LONG
Evidence: Price Action, Bullish Divergence, Dark pool activity, Options flow.
Entry point: current price, it can drop more but not important.
TP1: 30.5$
TP2: 32.5
TP3: 34.5
I expect it hit ATH very soon.


Call options, Strike 32.5$, 11/19/2021, after hour it dropped another 5%, it means call options should be cheaper tomorrow morning, and return at 29$ could be 100% and at TP2, 200% and at TP3 350%

*This is my idea and could be wrong 100%

Trade closed: stop reached

Comments
asyrafkashry
bearish divergence coming. now depends on profit. if good then price going up
Mihai_Iacob
great analysis! Thanks
tobiaslaursen93
My TA seems to correlate fine with yours. Happy to see my own analysis confirmed by others.
wileywinit
Which oscillator are you using for the bullish convergence?
shkspr
@wileywinit, nothing, just look at volume and price, they are going opposite.
wileywinit
@shkspr Thank you🙏🏾🙏🏾
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