This last Friday 3/5 we say a massive positive price movement.
This is just my ongoing look at what happened on Friday and what I will be expecting going forward.
Very risky to go long, Will be scalping QQQ on these Wild swings.
Stimulus has been priced in for the most part.
we might see a dip going into Monday if NQ fails to break through the drawn resistance...
FSLY very oversold and RSI divergence spotted.
Dip over and has started the consolidation phase.
Possible support found at 80 (Good buy wall)
Earnings missed causing the drop. announced 2/17.
Looking at 3/26 100c
Greeks pulled 2/21
Delta
0.2179
Gamma
0.0153
Theta
-0.0812
Vega
0.0735
Atmos trading below 200ema and 50ema
Price target lowered to 110 from 113 by JP morgan. Currently trading at 89.
Looking at a massive 20% upside in the next few weeks.
Plan, get filled for 100c 4/16. tier out on resistance lines.
2020 2019
Net income $ 217,678 $ 178,673
(Form10-Q fillings)
