Heineken-Ashi said:
FANG - turned up on Daily MACD after awesome positive divergence. Shorter term target is between $180 and $200. From there, I'm looking for a correction to a higher low and then I will enter shares and probably some calls too hunting $260 late summer or early fall.
This will be on the 25 list even though it's a more structured and strategic play and not a buy and hold. Simply because I think it will be extremely high probability as long as the last low holds and what I posted above happens. Like a 30% return on shares with ability to leverage calls at the right time to make it 50%+ return overall.
I know I said I wouldn't do options for the 25 list, but if what I think plays out, I can hand hold this one when the time comes.
I posted on here about a month ago I was starting to buy FANG as it hit around $166, kept buying all the way down to $153, and now ready to ride it all the way up.
