Posted by foody518 on 26th of Feb 2024 at 10:57 am
I bought a put on VZ rather than shorting shares (open long
position on VZ), definitely targeting the 50 day MA, not sure if
there are compelling further downside targets in the short term,
aside from a symmetry target of that larger pullback
Currently looks like a bear
VZ gap fill. Bought a protective put on a long ...
Posted by steve on 22nd of Feb 2024 at 02:56 pm
Currently looks like a bear flag (notice the 20 day MA squeezing down) stops above that area
Thanks Steve, appreciate the guidance.
Posted by foody518 on 22nd of Feb 2024 at 03:05 pm
Thanks Steve, appreciate the guidance. I am noting the symmetry break (larger pullback) as well.
VZ bear flag playing out
Posted by foody518 on 26th of Feb 2024 at 10:21 am
VZ bear flag playing out
Now lower stops on VZ
Posted by steve on 26th of Feb 2024 at 10:44 am
Now lower stops on VZ - note 50 day MA below
I bought a put on
Posted by foody518 on 26th of Feb 2024 at 10:57 am
I bought a put on VZ rather than shorting shares (open long position on VZ), definitely targeting the 50 day MA, not sure if there are compelling further downside targets in the short term, aside from a symmetry target of that larger pullback
VZ 50 day MA touch.
Posted by foody518 on 26th of Feb 2024 at 02:27 pm
VZ 50 day MA touch. Wish I had bought more than 1 put...
VZ - given that it
Posted by foody518 on 27th of Feb 2024 at 10:30 am
VZ - given that it formed that kind of weak trendline backtest lower high, would it be more likely this current move down has more downside?
Note 50 day MA and
Posted by steve on 27th of Feb 2024 at 10:35 am
Note 50 day MA and prior lows - will need break and remain below to achieve lower levels
thanks Steve, highly appreciate the
Posted by foody518 on 27th of Feb 2024 at 10:52 am
thanks Steve, highly appreciate the guidance