Apple is sitting at all-time highs and the clock is ticking. I break down a defined-risk iron fly trade built to profit from a Friday pin at 300, PLUS a high-conviction Goldman Sachs breakout setup that could run all the way to 1040.
Allison walks through the Daily and Weekly time frames in ETN, as well as the bullish trade idea she took to play the chart setup higher.
ALAB is flashing a powerful reversal + squeeze setup on the 195-minute chart. I see momentum building for a breakout run. If it clears $230, it could quickly turn into an options-friendly move towards the prior highs.
Although the markets have already made a significant move into new highs as of late, there are two names who have yet to join the party in a big fashion. Let’s review the weekly squeezes forming in NVDA and AAPL, and their potential to keep the rally going.
