Bullish Momentum Builds: NVDA, MSFT& .SPX Show Strong Bullish Trends

EliteOptionsTrader
05-13

Hello everyone! Today I want to share some technical analysis with u!

1.

$NVIDIA Corp(NVDA)$

Trade Idea: May 17 920C 💡

Trigger: Above 900 📈

Target: 919 🎯

Stop 890 🛑

NVDA through 919 can run to 954-971.

Calls can work above 900 or 919 this week for a swing trade

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2.

$Microsoft(MSFT)$

Trade Idea: May 17 417.5C 💡

Trigger: Above 414 📈

Target: 421 🎯

Stop: 411 🛑

MSFT is setting up for a run to all time highs at 431. Calls can work above 414 for this week.

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3.

$S&P 500(.SPX)$ is setting up for a run to all-time highs by the end of this month.

I'd stay bullish on SPX this week as long as 5200 holds.

Calls can work above 5229.

can move to 5300 leading into $NVIDIA Corp(NVDA)$ DA earnings on May 22nd

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4.

Elite Options Watchlist 🔥 📈

$NVIDIA Corp(NVDA)$ 920C above 900 | 🎯: 919 | SL: 890 📈

$Microsoft(MSFT)$ 417.5C above 414 | 🎯: 421 | SL: 411 📈

$S&P 500(.SPX)$ May 15 5265C > 5229 | 🎯: 5264 📉

$S&P 500(.SPX)$ May 15 5130P < 5179 | 🎯: 5130

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