Went long on this. Going to be a longer hold. There's a gap on price in the daily at $36. Given the recent momentum in META and SNAP, I think we'll see this name get carried along. Still have to clear the EMAs and VWAPs but with a wedge in play and a healthy bounce off the bottom, I'm betting we get some momentum here.
Bullish in the medium timeframe (next 6-12 months). Longer hold.
노트
This was a pretty easy call to make. Great earnings. Even better is we'rge still within the macro wedge after a gap up in earnings (~17%). I trimmed some of my calls and held a few runners. Great play.