To The Moon

1.

$S&P 500(.SPX)$ TRADE PLAN 📈 📉

SPX bullish plan: SPX above 6870 | SPX Feb 18 6900C 📈

T: 6900, 6921 SL 6851

SPX bearish plan: SPX under 6800 | SPX Feb 18 6750P 📉

T: 6765, 6720 SL 6824

SPX dropped almost 200 points from last week’s highs into Friday.

If SPX fails to defend 6800 this week we can see one more dip to 6720 - 6765 range next.

We need to see SPX above 6921 to start to look more bullish.

I’d be more careful trading both directions again this week.

Let’s see if SPX can start to bottom by Wednesday.

Image

2.

$Micron Technology(MU)$ Trade Idea: Feb 20 425C

Trigger: 412 ✅

Targets: 424, 436 🎯

Stop: 400 🛑

MU held 400 into the end of the week.

There still seems to be lots of relative strength in both MU and SNDK.

If MU can hold 400 again we should see a push to 455 in the next 2 weeks.

Calls can work above 412 this week.

Image

3.

$Tesla Motors(TSLA)$ Trade Idea: Feb 20 425C

Trigger: 414 ✅

Targets: 424, 434 🎯

Stop: 400 🛑

If TSLA can defend 414 again early this week and the market starts to bounce, TSLA should retest 424 - 434 range.

Calls can work above 414.

I’d start to learn more bearish under 400.

Image

For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.

Click to access the activity

Other helpful links:

• 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉

• How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.