TRADE PLAN WEDNESDAY

Pinkspider
13:29

TRADE PLAN for Wednesday 📈

$SPX previous ATH at 7620 in play before a bottom forms. SPX gave up the 7700 support today after holding it for 9 days. Chip and memory stocks lead the move lower today as well. $QQQ possible it fills the gap near 707 before a bottom forms too. IF it can't reclaim 722 tomorrow, we can see more downside as well. Let the market drop for now.

$MU needs a push back above 1000 to set up for 1250. We saw MU move from low 700's to 1035 in 3 weeks. Let's see if it can find a base above 900 this month. $SNDK ran from 998 to 1827. If it drops one more time to 1460, that's the buy area.

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

  • snappix
    17:32
    snappix
    That 9-day hold already showed strength. This looks more like a retest than a real breakdown, and AI memory demand still feels like the bigger driver for MU
Leave a comment
1