JenRz

META short to around $305

Short
JenRz Updated   
BATS:META   Meta Platforms
My dowsing since yesterday is talking a lot about trading META. It was a long into $330, but this morning I'm getting maybe only $327.50, or that is a first stop on way to $330, so I'm not sure.

I get a reversal down and time of day to be aware of as 12:40-50 this afternoon (eastern).

So, if it's up at the zone and reversing, I'd especially watch that time. I only want to short this into tomorrow though as it's only suggesting a 2 day trade, so be aware of that.
There is a lot of attention being given to the date of Nov. 21st as well.
I also have a level of $286 if you like it lower longer, but there's still some suggestion of a daily up trend, so it could be a little bouncy.
Comment:
This was quite nice, and it's pretty clear why I was getting the guidance of a daily uptrend still. It definitely pays to be patient with these things, and having the tradingview charts to review how ideas played out is really helpful for that!
I tend to get impatient or nervous my numbers won't hit, but they seem to be getting more reliable lately, so I'll keep at it. Timing would be the next thing to really nail down.
Trade closed: target reached:
META hit my target and more. There's earnings tonight and dowsing and my intuition suggest 8% lower = 275-76.

I'm not great at earnings, but I do think it's something big because earlier dowsing was telling me to get a time of day, and twice went to the globex option.
Anyway, this setup reminds me of TSLA hitting my targets right before earnings and then collapsing.
Maybe META will be similar. Or, I'm just wrong on the direction. I somehow often get the percent move correct, but the direction wrong, which pisses me off & is just so dumb. Anyway I just wanted to do an update since we're at a potential crossroads and hit targets.
Comment:
low was actually 279 with a rip back to the upside. I recognize they took it, basically, $50 from the highs, so I get it and my target was a bit lower. I actually should've check in when it got down there because to be long from there would've been sweet. I wish I could be within $1- 1.50 of targets. Anyway, this one's in the books now.

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