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$Meta Platforms (META.US)$ I think you're going to see some ...

$Meta Platforms (META.US)$ I think you're going to see some put buying in anticipation of revision when meta comes out with their earnings showing that they have further accelerated their capex. last time you can see we fell from $500 ballpark meadow down to 414 and it has obviously since rally back but in the past week and a half it's been getting slammed. so we are in you can call it no man's land here at the current price because well I don't believe we will see $414 again on meta common. if they do announce an even greater acceleration and capital expenditure and it is a hit to their earnings we could see 20-30 points off of the stock very easily. and it's important to understand that if that happens you have to go all in and buy it because it will rally back. so while I want to buy the stock today The leverage ETF because we're at this fulcrum point it hasn't sold off enough I'm hopeful that it drops precipitously approaching earnings and if we see another 20 $30 off of meta, I don't think it's realistic right now but if it were to happen leading into earnings I think you buy that sell off you don't need to wait for the earnings to come out.
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37+ yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker. R/Everythingstocks
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