Weekly Recap
This Week's Top 5 Trades
#5 JKS
JinkoSolar Holding CO was featured in yesterday morning’s newsletter, as we noticed that solar stocks were starting to heat up. We bought the open that morning, and although not much happened yesterday, we got a crazy push higher today where we sold just below our $48 target for a two-day return of 13.4%.
#4 FSLY
Fastly Inc was featured in Tuesday morning’s newsletter. We gave our subscribers an entry price of $50.50, and our game plan was to look for an exit around $57.50 which would essentially close the gap from last month’s earnings drop. The stock did exactly as planned and quicker than we had anticipated. FSLY took off just as it crossed our entry and filled the gap the very next day for a two-day return of 15.7%.
#3 QFIN
360 Digitech Inc was featured on Monday morning as we noticed an increase on higher than normal volume for this stock. We were only looking for a 1-4 day momentum trade with a $5-$9 per share move. The stock went in our favor and continued closing higher, so we held out and sold today with a profit of $5.8 per share, which was in the lower range of our expected target but hit the target nonetheless. Five-day return of 16.3%.
#2 WKHS
Workhorse Group Inc was featured in Tuesday morning’s newsletter, and what a wild ride this was. We gave our subscribers an entry price of $14.50, and we bought the open as it was already above our entry. The stock had two very strong days and then started to reverse. We caught it as it started to roll over and closed out the position with a two-day return of 21.6%.
#1 LEDS
This week’s top trade was a day trade from this morning, featured in SemiLEDS Corp!
We anticipated a push lower at the open and a quick reversal around the $17 area, which was our entry. Initially, we were looking for a $3-4 profit for the day but ended up with a little over $5 for a one-day return of $33.4%.
(See below what was sent to our subscribers this morning at 6 am. As far as we know, there is nobody out there that outlines a trade with as much detail as we do and is as accurate as we are. We set up our subscribers to trade like professionals and go into the day knowing exactly what to expect!)
