Better buy coinbase and hold will be rocket
Trading Strategies: .SPX, COIN& TSLA
@EliteOptionsTrader:Hello everyone! Today i want to share some trading strategies with you! 1. $Tesla Motors(TSLA)$ Trade idea: TSLA Nov Dec 13 405C 📈 Trigger: 389 ✅ Targets: 410,417 🎯 Stop: 384 🛑 TSLA- closed at 389.22. TSLA had a big breakout this past week through the 363 resistance. TSLA moved to 389 by Friday. TSLA can test 400 on Monday. IF TSLA can breakout above 400 we can see 417 quickly this week. Calls can work near 384 or 400. 2. $Coinbase Global, Inc.(COIN)$ Trade idea: COIN Dec 13 380C 📈 Trigger: 342 ✅ Targets: 352,370 🎯 Stop: 335 🛑 COIN- closed at 343.62. COIN is setting up for a move to 400+ if Bitcoin can form a base above 100k this month. Calls can work above 342 or 351 this week. I'd avoid calls if COIN trades from 328-342. 3. $.SPX(.SPX)$ TRADE PLAN ✅ CALLS: SPX above 6100 SPX Dec 11 6140C Target: 6140 📈 PUTS: SPX under 6071- SPX Dec 11 6020P Target 6020 📉 SPX- closed at 6090.27. SPX through 6100 will set up for a move to 6168-6200 this month. Calls can work above 6100 this week. SPX moved near 6100 the past 3 trading days but failed to get through. As long as 6071 holds this week we should see a continuation higher. I'd consider puts if SPX reverses back under 6034 or 6000. Follow me to learn more about analysis with you!
Trading Strategies: .SPX, COIN& TSLADisclaimer: 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.