Here are the Fibonacci levels to watch in case we see a pullback in my top 15 semiconductor names đ§
1. $NVIDIA(NVDA)$ -- $113
2. $ASML Holding NV(ASML)$ -- $645
3. $Taiwan Semiconductor Manufacturing(TSM)$ -- $169
4. $Broadcom(AVGO)$ -- $195
5. $ARM Holdings(ARM)$ -- $112
6. $Marvell Technology(MRVL)$ -- $98
7. $Advanced Micro Devices(AMD)$ -- $122
8. $Qualcomm(QCOM)$ -- $135
9. $Micron Technology(MU)$ -- $108
10. $Applied Materials(AMAT)$ -- $148
11. $Cadence Design(CDNS)$ -- $275
12. $Synopsys(SNPS)$ -- $460
13. $KLA-Tencor(KLAC)$ -- $545
14. $Lam Research(LRCX)$ -- $69
15. $Intel(INTC)$ -- $18
One of my favorite strategies during volatile periods is leveraging higher premiums from selling put & call options.
I'm using some of my cash position to buy some $Peerless Option Income Wheel Etf(WEEL)$ , the 1st ETF ever to run the Wheel strategy for you, until $SPDR S&P 500 ETF Trust(SPY)$ goes back above their 21-day EMA
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