To The Moon

Price action (20 Apr 2024) - Price action at key level 155 ==> Also where MA5 is touching MA20 now - If MA5 cross below MA20, then is bearish - A cross below MA20 would mean 163 no longer in play and a break below 155 - Look for a back test of 155 on the way up - Any failures will mean continued bearishness to 137 - Note the earnings on 25 Apr 2024 ==> a negative reaction will certainly mean 137 coming up! My plays - Been nibbling GOOG shares since months back - Cost base 130 - Sold puts strike 143 and 135 Good luck, all!! GOOG Daily - 20 Apr 2024 @melson @TigerStars @macroB

🌟🌟🌟Geopolitical conflicts and higher for longer interest rates by the Feds caused the markets to turn Bearish this week. Semiconductor stocks were among the worst hit with $NVIDIA Corp(NVDA)$ dropping 10% on Friday, $Advanced Micro Devices(AMD)$ losing 5.4% while $Taiwan Semiconductor Manufacturing(TSM)$ fell 3.4% and $Intel(INTC)$ dropped 2.4%. $Semiconductor Bull 3X Shares(SOXL)$ which