Trading META And TSLA Short-Covering

2023-09-11 / Danielle Shay

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The Nasdaq gapped this morning, and multiple mega-cap names broke out above key resistance zones. A resistance break and a high put/call ratio can equal some fantastic trading opportunities. Two names in particular stand out, including Meta and Tesla. During the video, I walk through my upside price targets in the Nasdaq, QQQ, TSLA, and META.

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Danielle Shay

Danielle Shay is a self-made trader, market analyst, and director of options at Simpler Trading. Initially drawn to trading for financial freedom and to support her son, she now teaches, trades, and provides market commentary. With a background in teaching, Danielle aims to simplify trading concepts for all skill levels. She is a regular expert guest on media outlets like CNBC, Fox News, and Yahoo Finance. Her primary trading focus is on relative strength setups using equity options, stocks, and ETFs. She contributed to John Carter's "Mastering the Trade" and champions the belief, "If I can do it, you can do it!".

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