Trading Strategies: .SPX, AVGO& TSLA
Hello everyone! Today i want to share some trading analysis with you!
1.
Good morning everyone 📈
$S&P 500(.SPX)$ 5500 will be a breakout level for a move to 5600+ this month. As long as 5444 holds, I'd consider calls
$Tesla Motors(TSLA)$ gapping above 200.. TSLA to 207,216 coming next. Calls can work above 200
$Broadcom(AVGO)$ if this can defend 1600 this week we should see 1648,1700 this month. Calls can work above 1600
2.
$Tesla Motors(TSLA)$ holding up here above 200.. we can see a run to 216 by next week. Calls working so far above 200.. watch the 207 resistance next, big level for this week
$S&P 500(.SPX)$ starting it's 3rd week of consolidation under 5500. I'd be more patient as it trades from 5444-5500
$Broadcom(AVGO)$ watch 1648.. it can run to 1712 quickly if it gets through 1648
3.
Trade plan for Tuesday ✅
$S&P 500(.SPX)$ another day of consolidation under 5500. I'd be more patient as SPX continues to build a base above 5444
$Broadcom(AVGO)$ setting up for 1700-1712 if it an breakout above 1648 tomorrow
1720C is best above 1648
$Tesla Motors(TSLA)$ big breakout above 200 today. TSLA to 224 in play as long as 207 holds this week
215C can work above 210
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