Trading Strategies: .SPX, NVDA, AMC, META& AAPL

EliteOptionsTrader
05-07

Hello everyone! Today i want to share some trading strategies with you!

1.

$NVIDIA Corp(NVDA)$ breakout above 900... NVDA can run to 935 this week.

Price action strong here 📈.. 950C best here if it holds above 910.. now trading at $6.40

2.

$Meta Platforms, Inc.(META)$ strong price action.. this can run to 469+ if it closes above 460 this week. Keep an eye on that 460 level.. 465C is best above 460

$NVIDIA Corp(NVDA)$ strong here.. watch this gap up tomorrow if it can close near/above the 919 resistance level.. NVDA to 1000 coming this month 📈✅

3.

Fun Fact: You don’t need to trade everyday to grow your account… However you CAN’T hesitate when the right opportunities are presented.

The market is setting up for for the next leg higher with $S&P 500(.SPX)$ to 5300, $NVIDIA Corp(NVDA)$ to 1000, and $Amazon.com(AMZN)$ to 200. Each of these names are close to bigger breakouts.

Those who weren’t patient the past few weeks most likely over traded and won’t have the capital ready to take advantage of the opportunities coming over the next 3 months..

The remainder of 2024 holds huge potential for those that are patient. Are you ready to capitalize on what is about to come? 🚀

4.

Trade plan for Tuesday ✅

$S&P 500(.SPX)$ price action bullish after breaking out above 5147. SPX can test the key resistance at 5200 this week. May 8 5200C can work above 5160

$NVIDIA Corp(NVDA)$ if this can get through 919 in the next 2 days we can see a run to 935 950C can work above 919

$Meta Platforms, Inc.(META)$ setting up for 474,485 as long as 460 holds this week 470C can work above 463 tomorrow

5.

$NVIDIA Corp(NVDA)$ down 6 on $Apple(AAPL)$ chip news... Watch NVDA rip back above 919 tomorrow.. When it does you can't miss this trade.. NVDA to 971 can come fast🔥

Follow me to learn more about analysis!!

https://twitter.com/EliteOptions2

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Comments

  • HuanAK
    05-07
    HuanAK
    i dont think stock market is ready to push higher in this run,it might happen on end if yeat bull run or after rate cut, but not now.

    look at how many stock got sell at news in this season,so just stay alert for cpi data come out middle of this month, everytime this data release s&p500 always up or down nearly 1.5%.

  • Gdman
    05-07
    Gdman
    I agree
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