Watchlist/Open Trades Update

Watchlist/Open Trades Update

Trade Updates:

YELL: Not doing a whole lot again today. Staying in.

VERI: Up a little. Staying in.

Trade Alerts:

RKT: This is a Double Dutch trade. It’s had some explosions and settled nicely on a support level. The buy range is $16.80-$16.85. Target is 20.00 and a possible stop level is 16.22.

BSY: This is a Matador trade. It’s making a new high. We’ll hold it for 24-48 hours (as we usually do). Buy it below $56.67.

BKEP: This is a Hanging Bear trade. It’s a red bar that’s gapped above previous prices. The Open Interest for an options Put trade is small so we’ll Short the stock. Go Short this stock below $4.12. We’ll hold it for 24-48 hours (as we usually do). 

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.