Hello everyone! Today i want to share some option strategies with you!
1.
$NVIDIA(NVDA)$ will bottom this week and everyone will want in. A head and shoulders pattern is never reliable in a bull market. You really think the leading chip company in the world isn't going to participate in this rally?
$NVIDIA(NVDA)$ price targets are $154 and $170 đŻ
2.
TRADE PLAN for FOMC Wednesday đ
$.SPX(.SPX)$ another range day leading into FOMC tomorrow. If SPX can close above 6071 after FOMC we can see a key resistance test at 6100. SPX through 6100 can run to 6168+
6100C is best above 6071
$Tesla Motors(TSLA)$ setting up for 500 test by Friday. As long as TSLA defends 466 we'll see a continued uptrend
500C is best above 480
$NVIDIA(NVDA)$ looks about ready to move higher as long as 127 holds after FOMC.
NVDA 132C is best above 130
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