DailyPlay – Portfolio Review – February 6, 2024

DailyPlay Portfolio Review

Our Trades

NOC

Bullish Debit Spread. NOC is holding support about the $430 region as we await a move higher from this area of support. Targeting the $480 resistance zone. 

ORCL

Bullish Debit Spread. ORCL is currently making its way higher with our trade being at 12%. Further upside is expected over the next few days while we continue to monitor this trade. The next major resistance level is at $120.

RSP

Long-term play on the S&P Equal Weighted Index. Price consolidated in the last 2 weeks but showing bullish price action at the $155 level. We will continue to hold this position.