Pinkspider
08-05 15:25

TRADE PLAN for Wednesday 📈

$SPX gapped above the all time high near 7620 and ran to 7758 today. SPX setting up for a melt up to 8000. If SPX runs to 8000 we'll see the Nasdaq make a BIG run as well. $QQQ to 748 then 800.

The market had a negative reaction to $AMD earnings so far tonight but we still have $SNDK earnings tomorrow, If SNDK can beat and have a good guidance, $SNDK to 1600+ $MU to 950 in play.

$ARM winding up for a move to 300+ by September. We need to see a new base formed above 272 to see 300 in 4-6 weeks.

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Comments

  • debraj
    08-05 17:25
    debraj
    the trend is pullback for memeory and chips stocks , however good the results or guidance are, the sentiment is negative
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