Hello everyone! Today i want to share some trading strategies with you!
1.
$Tesla Motors(TSLA)$ Trade idea: TSLA Dec 20 450C 📈
Trigger: 437 ✅
Targets: 450,466 🎯
Stop: 431 🛑
TSLA- closed at 436.23. TSLA broke out above 400 last week and moved up to 436+.
TSLA printed a new all time high after breaking above 414. If TSLA can get through 437 it an run to 450,456 this week.
Calls can work above 437. If TSLA back tests 414 this month and holds this level, calls can also work.
2.
$Broadcom(AVGO)$ Trade idea: AVGO Dec 20 230C 📈
Trigger: 223 ✅
Targets: 230,236 🎯
Stop: 219 🛑
AVGO- closed at 224.80. AVGO gapped up from 180 to 205+ after earnings. AVOG is setting up for a run to 250,254 next. If AVGO can hold the 212 support in December we should see continuation towards 270 in
2025. Calls can work above 223 or at 212 this week.
3.
$.SPX(.SPX)$ TRADE PLAN ✅
CALLS: SPX above 6071 SPX Dec 18 6100C Target: 6100,6120 📈
PUTS: SPX under 6034- SPX Dec 18 6000P Target 6000 📉
SPX- closed at 6051.09. SPX price action has been more choppy the past 8 trading days. SPX needs to get through the 6100 resistance to setup for A move to 6168,6200. We can see a few more days of consolidation if SPX stays under 6071 early this week. I'd be more careful as SPX trades in this range from 6034-6071. If SPX fails at 6034 it can back test 6000 quickly.
Puts can work under 6034. if it fails at 6k it's possible we see 5900-5938 again.
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Comments
“If $Tesla Motors(TSLA)$ can get through 437 it an run to 450,456 this week.”
The @TrendSpider pointed on X that we're just getting to the fun part of $Tesla Motors(TSLA)$