Saba Capital Trade Plan

SPY

The SPY hit both the upside and downside target mentioned in the weekly newsletter as it continue to be volatile, from here a break down under the 242.35 level a move back to 240.26 would be expected.

Swing play:

LNTH

(Bounce off support)

Entry: 15.4-15.8

Target: 18.7

Stop loss: 14.9

On watch:

NVDA

(Bounce off support)

Entry: 157.92

Target: 165.6

Stop loss: 157

TSLA

 

(Bounce off support)

Entry: 349.05

Target: 358

Stop loss: 348

  • In case the day-trade fail it could pull back to 342 where I’ll be looking to add to the swing position.