META is looking weak at these level. Its setup for a really great monthly swing.
Lets watch the price action and see what happens.
Here are my levels:
For the day traders/weekly player: 170c > 163.05 Confirm hold above this level before taking calls. Grab puts 160p on the rejection of this level.
155p < 159.17 PT is 155.23. If this level holds and there is a bounce, then grab the 160c.
For monthly swing play: The swing entry for this is 155.23 with a PT of 137. I am hoping this stays an inside candle for the next two days. be prepared for the reversal to grab calls...but I think this is put city.