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This Week's Top 5 Trades
Cimarex Energy Co was featured in this Wednesday’s newsletter. Given the selling we have seen recently, the stock gave us a strong push from the open, and we sold that same day into momentum for a one-day return of 6.82%.
EOG Resources Inc was featured in Tuesday’s newsletter. We bought the open and sold the following day as the stock was very strong and gave us decent profit potential. Two-day return of 7.4%
Walt Disney was featured in last Thursday’s newsletter. We gave an entry price of $186, which did not trigger until Monday and a price target of $200 which was hit two days later for a two-day return of 7.55%.
Wynn Resorts was featured in last Wednesday’s newsletter. We gave an entry price of $122.50 and a price target of $135. It was a bit of a bumpy ride due to the volatility but the stock did exactly as we had expected. Our target was hit this Tuesday for a five-day return of 11.55%.
This week’s top trade was RIOT. Interestingly enough this was also a day trade!
We featured RIOT in Monday’s newsletter as a day trade given the current surge in Bitcoin’s price. We also mentioned that this stock typically moves $8 per day and that was our target. The stock opened strong and hit our target in the first 30 minutes of trading for a 30min return of 13.05%.