Watchlist/Open Trades Update
Trade Updates:
SOLY: This trade has done a lot of not much. It was down and slightly up, went up to test a recent high and then dropped back. We’ll take the small profit and start fresh with some new picks.
Trade Alerts:
TIGR: This is a Double Dutch trade. It’s had some explosions and settled nicely on a pivot level. Buy it below 18.66. Target is at least 21.65 (27.27 is the second possible target) and a possible stop level is 12.50.
PAVM: This is a Matador trade. It’s making a new high in a hot sector. We’ll hold it for 24-48 hours (as we usually do). Buy range is from 6.07-6.11.
MAS: This is a Hanging Bear trade. The options don’t have much Open Interest but you can possibly try the May 21 $60 Put. A price to try for would be $1.40. Or you could Short the stock around $62.54. We hold these for 24-48 hours.
Note: We won’t always get a setup in each method. Hanging bears don’t come around constantly, for example. We’ll just take the setups the market gives us.
Telegram / Phone updates:
Download the Telegram Messenger app to your phone. LINK HERE FOR THE APP: if you need it, and then CLICK ON THIS LINK to join the Booker Alerts channel to get updates.
What is a Matador trade? Watch this video
What is a Double Dutch trade? Watch this video
What is a Hanging Bear trade? Watch this video
How to find hot stocks: Watch this video
Ok happy trading and see you soon
Rob
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Daily Profit Publishing and Rob Booker do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor. We are not licensed to provide you personalized investment advice. Nothing in these communications should be construed as personal investment or financial advice.