TRADE PLAN for Wednesday π
TRADE PLAN for Wednesday π
$S&P 500(.SPX)$ mostly a consolidation day today above 7600. SPX to 7700 still in play as long as 7600 holds. We can see one more day like this if SPX stays under 7620. Be patient for now. We're seeing some relative weakness in the Mag7.
$Micron Technology(MU)$ winding up for that move to 1200. The longer we see a base above 1000, the bigger the squeeze will be when its ready.
MU June 5 1150C can work above 1150
$Oracle(ORCL)$ keep an eye on 250 this week. It's a breakout level for another 20 pt rally.
ORCL June 5 260C can work above 250
750 should come, it looked relatively stronger compared to $SPX today. Calls can work above 745 for tomorrow.
Good luck tmrw everyone!! π«‘
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