3 Consolidation This Week: .SPX, TSLA& COIN
Hello everyone! Today i want to share some option strategies with you!
1.
$Tesla Motors(TSLA)$ Bears have been getting crushed the past month. This rally reminds me of 2020 when the market recovered after the Covid crash. If History repeats itself again we will see $S&P 500(.SPX)$ move to 7000+ once it breaks above All Time Highs.
TSLA has lots of room back up to 488, $Palantir Technologies Inc.(PLTR)$ setting up for 200, $Hims & Hers Health Inc.(HIMS)$ to 100, $Robinhood(HOOD)$ to 100 coming. This can be a year that may create many new millionaires. Exciting times.
Looking forward to trading alongside all of you the rest of 2025. 🫡
2.
So far looks like day 3 of consolidation this week
$S&P 500(.SPX)$ still holding above 5900 which is bullish, $Invesco QQQ(QQQ)$ holding above 515, If we see both of these levels break, I'd be careful trading calls.. For now market looks fine.
$Tesla Motors(TSLA)$ tested 350 couldnt get through on the first attempt. Need through 350 to start the next leg higher
$Coinbase Global, Inc.(COIN)$ setting up for a run to 300+ by June. Price action stronger today
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