TRADE PLAN for LOTTO Friday 🔥

EliteOptionsTrader
08-14 13:51

TRADE PLAN for LOTTO Friday 🔥

$S&P 500(.SPX)$ printed a new all time high at 7817 today but failed to close above the 7800 resistance. It looks like SPX is winding up for a move to 8000. Calls can work above 7800 for tomorrow. Lots of strength in the NASDAQ-

$Invesco QQQ(QQQ)$ today too. QQQ got through the 728 resistance. If it holds 728 into next week.. 748 in play before August ends.

$Micron Technology(MU)$ got through 930 today and ran to 978. MU to 1000 should come as long as 930 holds over the next few trading days. Calls can work above 950 tomorrow.

$SanDisk Corp.(SNDK)$ also is setting up for a push to 1650-1700. I'd stay bullish above 1500 for tomorrow.

Every dip we've seen this year has been an opportunity to go long. We're going to see a big rotation into chip and memory stocks SOON. Get ready. Good luck tmrw everyone! 🫡

Options Hub
Welcome to Tiger Options Hub! Here you may talk and learn about all things on options trading!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
1