3 Stocks To Buy This Week! #34
Will the stock market break downtrend with inflation numbers this week?
Inflation Numbers
We got Inflation numbers this week on Tuesday and Wednesday, expect some volatility.
SPY 0.00%↑
SPY 0.00%↑ bottomed out at $510 with oversold RSI but we are now approaching a level of resistance. We are still in a downtrend so the question remains, will we breakout of this downtrend this week?
QQQ 0.00%↑
QQQ 0.00%↑ setup looks even better than SPY 0.00%↑ but both of them looking very similar.
COIN 0.00%↑
I personally got weekly calls to play the bounce off the support. This is my main play for this week for Options. Price target $206 & $217. We also got a nice ascending triangle $200 being a critical level of resistance. Above $200 expect a huge breakout to the upside.
SNOW
SNOW 0.00%↑ sitting at its lowest level. $121 is the lowest it has ever been which makes it an amazing support to play the bounce off of. I personally got shares to play the bounce to the upside for a 2-3 month swing.
Ford
F 0.00%↑ sitting at a nice level of support.
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