Trading Strategies: AVGO, .SPX, SMCI& NVDA
Hello everyone! Today i want to share some trading stratgies with you!
1.
$NVIDIA Corp(NVDA)$ almost at 1200 target.. if it gets through we can see 1230-1250 by Friday
$S&P 500(.SPX)$ holding 5300.. 5332 coming next, just needs to hold 5300 on a daily candle today
$Broadcom(AVGO)$ to 1400 coming soon, above 1400 can run another 50 into Friday
2.
After a 12 week consolidation, $SUPER MICRO COMPUTER INC(SMCI)$ looks like it’s ready to start a multi week bounce. This is the trade you need to wait for if you’re looking for a swing trade 👇
Trigger: SMCI holding above 800 for the next 3 days ✅
Trade idea: SMCI June 21 950C
Target 1: 900 Target 2: 950 🎯
SMCI dropped from 1229 to 671 and has since bottomed above the 742 support level. If SMCI can hold above 800 into Friday we should see a bounce towards 950-970 this month.
3.
Trade plan for Thursday ✅
$S&P 500(.SPX)$ if it holds a higher low above 5332 we can see a run to 5400+ by Friday.
5370C can work above 5332 for tomorrow
$NVIDIA Corp(NVDA)$ setting up for 1250-1260 by Friday if it holds the 1200 support level
1250C can work above 1220
$Broadcom(AVGO)$ above 1400 can run another 40-50 pts
1430C is best above 1400
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