ALAB $304 After Consolidation Around $180 Resistance/SupportALAB had a big rise today into $180 resistance. This should be an area where a small pullback occurs or a further rise and then pullback into what will be $180 support. (Personally I'm leaning towards pullback above $180 rather than below)
Keep an eye on the major trendline as if ALAB gets too far away it will eventually want back to that trendline.
$304 is the next target. All Information Technology / Computer stocks are in the middle of the a big uptrend so this one has room to run.
Asteralabs
ALAB WEEKLY TRADE IDEA (2025-07-31)
### 🚨 ALAB WEEKLY TRADE IDEA (2025-07-31)
🧠 **Smart Money Snapshot**
→ RSI: **76+** = Strong Momentum
→ Call/Put Ratio: **2.19** = Bullish Bias
→ Volume: 📉 **0.6x last week** = Momentum may fade
→ Gamma Risk: ⚠️ High = Expect **fireworks**
---
📈 **TRADE SETUP**
💥 Ticker: **\ NASDAQ:ALAB **
🟢 Strategy: **Buy Call**
🎯 Strike: **\$149.00**
💰 Entry: **\$0.65**
🎯 Target: **\$0.97** (50%+)
🛑 Stop: **\$0.39**
📆 Expiry: **Aug 1 (1DTE)**
📊 Confidence: **75%**
---
⚠️ **Risk Note:**
1DTE = 💣 High gamma = **big reward / big risk**
🧯 Size small. Exit fast. Ride momentum.
---
📌 Trade posted: **2025-07-31 @ 10:58 AM ET**
\#ALAB #OptionsTrading #WeeklyPlay #GammaSqueeze #MomentumTrade #TradingViewViral