* one view here is an inverse head and shoulders with a neckline at either 55 or 60 * another view is just a cup-n-handle formation with a clear break to the upside * obviously tiktok deal cements their advertising business; are they transitioning to an advertising company? (dont forget they bought bluekai. could there be a re-valuation, like we saw with aapl?) * implied volatility in the options market seems very depressed. * expansion of bollinger bands suggests an increase in average implied volatility could be coming and prop up longer dated OTM options * clear break to new highs from lengthy base * appears to be forming bullish flag after recent break to new highs * imo, one of the most solid looking charts out there
* I am playing this with the following positions: 55 oct16 call 55 jan2021 call 85 mar2021 call