NVIDIA As much as I want the train to keep moving forward, we are at an inflection point where the bears are starting to really pile in. The bulls are pulling back, and we may experience that -10% S&P correction. Everyone says this would be "healthy" for the markets, which would align in the traditional sense. However, we live in a different time now....
Spy chart showing puts expiring in May are twice as expensive so big money is buying many more puts as insurance to all their share buying recently
Breakout above each downtrend trendline, Now breaking out with an uptrend channel
Broke above 3 Trrend lines Held support Twice Second support hold was entry for swing Target this week at least 11.50
Breakout top of channel, retest of top of channel, swing trade to next resistance
SnapChat broke above downward channel/wedge, after staircasing up from very bottom support of channel, Signaling Bullish trend for at least the next week. Resistance level is 50 cent move. AKA One strike price move into the money, Time Decay on "in the money" calls have less than 2$ a day risk