Trading Strategies: .SPX, NVDA, AVGO& COIN

EliteOptionsTrader
06-05

Hello everyone! Today i want to share some trading stratgies with u!

1.

$S&P 500(.SPX)$ another day of consolidation near 5264, Be patient wait until SPX gets back near 5300 to consider calls

#bitcoin very close to a breakout to 88k, needs to close above 75k..

$Coinbase Global, Inc.(COIN)$ setting up for 276 in the next 4-6 weeks.. $MSTR to 2000 coming

$NVIDIA Corp(NVDA)$ basing today under 1148.. needs to close above 1148 to set up for 1178,1200

2.

$S&P 500(.SPX)$ getting close to 5300, we can start to see a bigger breakout Thursday/Friday if SPX can close above 5300

$NVIDIA Corp(NVDA)$ 1200 coming, needs to hold 1148 into Wednesday

$Coinbase Global, Inc.(COIN)$ to 259 in play, #bitcoin to 75k can come this month

3.

+$102,932 for the day ✅

Closed out a few positions and sold some premium today. $S&P 500(.SPX)$ on the verge of a bigger breakout if it gets through 5300 in the next 2 days. $NVIDIA Corp(NVDA)$ setting up for 1200 as well. 📈🚀

4.

Trade plan for Wednesday ✅

$S&P 500(.SPX)$ can run to 5332-5350 by Friday if it closes above 5300 tomorrow.

5320C can work above 5300

$NVIDIA Corp(NVDA)$ setting up for 1178,1200 as long as 1148 holds. Let's see if NVDA gaps up tmrw

1200C is best above 1165

$Broadcom(AVGO)$ to 1400 in play in the next 2 weeks if it starts to base above 1324.

1350C can work above 1324

Follow me to learn more about analysis!!

https://x.com/EliteOptions2

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