Trade ALERTS – NIO* / EXPR* – 08/26/2021

The Next Profit Accelerator Trades Are Ready:

SYMBOL: NIO*
BUY CALL (or stock if you prefer above $39.70)
STRIKE: 39
EXPIRATION: SEPT 17
ENTRY: PRICE RANGE: $2.50 or Better
TARGET: $5
STOP: $1.80

*NIO is trying to push above the 10 ema on the daily chart. If that happens, this trade will trigger and should be stopped out of it the stock drops back below the daily 10 ema ($39.30).

SYMBOL: EXPR*
BUY CALL (or stock if you prefer if the stock trades above $6.80)
STRIKE: 6
EXPIRATION: JAN 21
ENTRY: PRICE RANGE: $2.85 or Better
TARGET: $5.50
STOP: $2.10

*EXPR is bouncing off its 10 ema on the daily chart. Stop out of this trade if it drops below the moving average.

**Powell is speaking Friday morning. If the fed moves toward a more aggressive stance in regards to raising rates that could put pressure on the markets. If you want to wait to enter trades until after Powell speaks, that is fine.

*Keep in mind, these are not hard stop rules. You can always chose to exit trades early or stay in trades longer.