We experienced a dip the 2 weeks ago. While everyone saying we gonna tank, I said this dip is just adding some fuel to our spy rocket. Looking at the chart, we are very bullish. We had 5 straight green days last week. There WILL be a small pullback (-1-2%) this week to reset some RSI and then we finish wave 5 ending around 400. A correction wave ABC is preferred...
3D printing is on fire now. Among all the 3D printing stocks, NNDM is the one I love the most. Look how it bounced off my trendline everytime it touches it. With relatively insane high IV and momentum not fading away, NNDM is one unique ticker to short put on without worrying about being assigned.
NVDA is consolidating for quite sometime. We know the longer it consolidates, the larger the move it will have. We don't know if it will go down or go up but NVDA is a blue chip and growth stock. With QQQ outperforming SPY and earnings coming up, my bias is on the long side.
$CRWD has been showing strength lately. On watch.
Sell 01/15/2021 30P/35P Credit Put Spread (Buy 30p, Sell 35p) Max Credit/Profit: $153 / contract Max Collateral/Risk: $347 / contract Breakeven: $NIO at $33.47 Return: 44%