How to trade META this week

Good evening,

I’m excited about the Santa Rally and 2024 bull market.

Here’s a real life lesson on how I like to approach strong stocks trading above the 10-day EMA.

I did this trade Thursday into Friday.

First, my chart has the 10-day EMA on it. 

Then, when META is trading just above that level, I sell out-of-the-money puts down below. 

Those have low odds for the buyer, therefore high odds for me.

As the stock consolidates at or above the 10-day EMA, the puts lose value and I make money.

Here’s what that looked like Thursday into Friday.

In at $1.90 Thursday, out at $1.28 Friday or $.62 profit per contract. I had 12 contracts. 

What I love about this is it can be done with as little as $2,000. 

That’s why I call the service the $2,000 Small Account Journey. 

See how the stock dropped just below the 10-day EMA Thursday? 

As it bounced off the low, that’s when I entered the trade. 

I call that bounce ‘trampoline rejection’ and the reason it bounces is because algos often buy those dips.

Friday when the price action bounced up off the 10-day EMA I took profit.

I entered at $1.90 and want the $1.90 to go to $0 for 100% win. I exited thai trade at $1.28 so 33% or $744 overnight. 

Think about that for a second, we’re only talking about a $1,976 trade. 

See how I’m able to build a $2,000 balance quickly?

This is why the $2,000 Small Account Journey is my most popular service.

I teach in real-time members were alerted moments before I entered and exited that trade.

Looks just like a text message on your smartphone.

In 2023 the highest I grew a $2,000 balance was $31,856 doing this over and over. 

And it only took me about 100 days. Then there was a draw down so I decided to take profit.

Followed by starting a new $2,000 balance. My members love this strategy. 

And I have new trades coming this week on my current balance.

That $2,000 balance is up 133% in a month to $4,663.

Winning 19 of 21 trades. 

All alerted before entry and exit.

And I’m starting a 2nd $2,000 balance on January 2, 2024. 

So whether you want to learn how to trade a pure $2,000 like I’m teaching, or trade a bigger account, this strategy is the best I know.

Think about this for a second. 

A $20,000 balance would be at $46,600 in a month. 

Membership is $499 / year or as low as $349 / year with a 2-year deal.

Start your Journey today.

And have you been paying attention to what Jeff has going on lately?

Jeff Bishop is the one who taught me how to trade the $2K SAJ edge.

So he’s been on FIRE, dialing in his nearly $15,000 worth of AI tools to give him an extra edge in this over-extended market. 

Yes, he’s been BLOWING IT OUT OF THE WATER – not only in Bullseye (one pick a a week) and Bullseye Unlimited (3 trade ideas a DAY), where he just hit this MONSTER on AFRM:

But also in Alpha Hunter… where he has been embarking on a $10,000/month mission since this summer.  He’s about 5.5 months in and he is outpacing his goal!!!

Note that Jeff ISN’T trading with million dollar positions either – INSANE!

So I’ll keep this short since it’s Sunday…

Right now you can join ONE or ALL of his services – individually or through an Elite monthly pass.

Check ALL the monthly offerings out here, including ELITE! 

Give all of Jeff’s services a try (along with mine and JW’s in the Elite offering) – see what resonates with you, hit your stride and start running!

And don’t forget, Jeff’s next Bullseye Trade of the Week dropping Monday morning (pre-market)…

Next Pick Drops In:

Secure your seat today and get a head start on the New Year!

Jason

P.S.  For any questions, reach out to Jeff Brown @ [email protected] or 1-800-585-4488. And to bypass Bullseye Trades, go for Bullseye Unlimited – where you’ll get Jeff’s TOP THREE picks DAILY!  Let’s go!

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