TRADE PLAN for May 18th ๐
$SPX strong recovery from overnight lows, SPX futures was -50, now moving green. As long as 7400 can hold this week after NVDA earnings, price action still bullish. SPX through 7500 can run to 7700.
$NVDA up 4 premarket, NVDA to 240-250 in play after earnings on Wednesday IF there's a positive reaction.
$MU gapping up 18 pts premarket. MU touched 699 last night , up 42 pts, It's in a wider range from 700-817 for now. IF MU gives up 700 this month it can drop another 80-100 points. I'd stay bullish above 700 this month.
$AAPL setting up for 320-330 if it forms a new base above 300.
Disclaimer: 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.
