an options strangle could work well here.
As tech seems to be taking a cool down right now, this could drop quite a bit, but it doesnt have to as we all know.
The trend for 20 years is up and for short/medium term bets, its been even longer than that
As tech seems to be taking a cool down right now, this could drop quite a bit, but it doesnt have to as we all know.
The trend for 20 years is up and for short/medium term bets, its been even longer than that
Note
If she drops, I'm looking at $433 as my first supporting target
Note
Time scale on this is 4-6 weeks.If she goes up, I'm looking at the recent highs of $590.
Note
instead of taking a strangle, the other option is to wait for a break out and confirmation to then go directionalNote
This is just hanging on, like a lot of the market. I am now bearish on this short/medium termNote
Has broken to the upside. It's looking good now 😆
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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.