%% Actually i did; +they had a good JUL also on candle charts. I'm not long either one/ but for longs i like an ETF like a TWTR/ trading around 52 week Highs. And when the liberal loons or talking snake media, hate some one like Mr. Musk, so much the better=LOL. Not a stock tip.
You can't earn money if your trade plan is based on very low reward risk ratio. You should plan to eat the thick slab of juicy beef and not the insides and bone
I do some 'no-brainer' trades to capture momentum over a couple of months timeframe. Shorted MTCH 10 October at 48.10 (using put spreads) and closed most of the position 21 October at 90% profit. Still got some outstanding exposure so I would like to see it fall further.
That is the way to trade. why traders wanted to take a long position now is because they missed the opportunity to short it earlier.
I don't know what your strategy or goals are but if you are trying to make $2.00 per share on a trade, you can do that with a less costly stock, something in the $12-15 range, maybe even less. Find stocks that increase 10-20%, otherwise you're just going to be spinning your wheels, chasing your tail, and getting nowhere.