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Momo Market Roundup, 4/22/2022 — $SPY Relentless Selling… $TSLA Relative Strength… $NVDA Sub 200! 

 April 22, 2022

By  spectre_trades

$SPY Relentless Selling

The market was in full on sell mode today.. Pretty much like yesterday. The only real pops were short covering at key levels. Great day to go level to level. 435P were cheap at like .91 at the open… these went to 10.5 dollars. A nice 10 bagger to start the weekend. Excellent.

$TSLA Relative Strength

TSLA did sell… but in the morning it was divergent from SPY and rallied after testing our 995 level. Impressive. If we start to see some market strength next week this is a great name to keep an eye on. 1000C from 9.5 to 36 before retracing.

$NVDA Sub 200!

NVDA and other semi names sure have taken a beating. NVDA finally broke the 200 level today.. If tech continues to be weak let's see where this goes.  200P from 1.14 to 5!

Two Hour Trader Student Results

Good work folks.

spectre_trades


Momentum Trader. Technical Chart Analyst. Always on the hunt for 3x or better reward to risk.

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