SPY NVDA and TSLA Trade Ideas for Dec 19
Good morning all. I’m under the weather and may not trade today. Planning to go back to sleep and look for trades after 11am ET.
As such, don’t have the energy to review trades yesterday.
Premarket action this morning is mixed. SPY gapping up while some names in tech are gapping down.
Overall thoughts:
SPY- look for double top fail on 473-474 for gap up reversal setup. I’d like to see 469 at least once more before higher., if 473.50 turns into support, can grind into 475-476 area.
MSFT - reaction to level 374.25
AAPL - still want dips on 197.50c for 0.20 for swing calls
TSLA - 253.50 short vs 255, dips on 245-246 for a long or if a base forms over 256
Good luck today, remember to be process driven.