/biz/ - Business & Finance

These are my current memelines. The green line is a support line with multiple touches that has become a trendline. The two red horizontal lines are from big single prints on 2-23 which I think will prove strong resistance. I am expecting sideways/Up to 3307-3311 by Friday then a big fucking drop. If it breaks to the upside before then, my hypothesis is invalidated. My plan is to buy some lotto puts on Friday open expiring 2-4 weeks out for a big speculative high R/R play. I plan to start taking profit at 3000, have half out at 2930 and finish taking profit at 2820 then start buying 2-3 month out calls. I think it can go as low as 2760, if it goes lower my plan changes.