Price Target Upgrade on $NVIDIA Corp(NVDA)$ from $795 to $1000
$NVIDIA Corp(NVDA)$ settled +2.0% to $870.39. Impressive, if helped by Morgan Stanley, overweight, 795>1000
Image
Trade plan for Thursday:
$S&P 500(.SPX)$ volatile day after a 50+ pt gap down. SPX if it closes under 5147 we can see a sell off to 5100. Puts can work under 5147. I'd wait for 5179 for calls.
$NVIDIA Corp(NVDA)$ relative strength today.. +16 on the day with SPX down 49. 900 im play if it closes above 875 900C can work above 975.
$Coinbase Global, Inc.(COIN)$ setting up for 276-300 in the next 4 weeks if #bitcoin can move to 73-75k soon. 260C can work above 250.
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.
Comments
Premarket plan
$S&P 500(.SPX)$ watch 5179 today if it can get through this level we can see 5200 test by tomorrow. Calls can work above 5179
$Microsoft(MSFT)$ 431 is a breakout level for a move to 450+. Calls can work above 431 over the next 2 days
$NVIDIA Corp(NVDA)$ as long as 867 holds we should see 900 by next week. Calls can work above 867