Weekly Recap
This Week's Top 5 Trades
#5 MRNA
Moderna Inc was featured in last Tuesday’s newsletter. This was an easy and straightforward trade. We gave our subscribers an entry price of $205 and a target of $230. We sold this Tuesday as the stock closed roughly $4 above our target for a six-day return of 11.2%.
#4 ALF
Alfi Inc was featured in this morning’s newsletter. We were in day trade mode, looking for cash flow as we head into the long weekend. We went in looking for a $4-$8 move, and while we got the exact entry we planned for, the stock only gave us a $2 profit. Not bad, considering it did so in the first 10min of the day for a one-day profit of 14.35%.
#3 NIO
Nio Inc was featured in last Thursday’s newsletter with an entry price of $44. We noticed that buying pressure increased quite rapidly in the stock, so we said that NIO could actually hit $52.50 by this week. We were spot on in our assessment as NIO closed right above our target price on Wednesday for a five-day return of 15.4%.
#2 SPCE
Virgin Galactic Holdings Inc was last week’s top trade and made it back to our #2 spot this week. What an emotional rollercoaster of a trade. The stock pulled back almost 20%, and we were looking for a reversal around $44. The stock reversed exactly where we thought it would for our ideal entry. The next day it sold off and closed in the red. We said we would give it 1 more day to see how it reacts, and to our surprise, it gave us a monster gap in our favor for a three-day return of 20.8%.
#1 JKS
This week’s top trade was in JinkoSolar Holdings Co!
JKS was featured in Monday’s newsletter. We gave our subscribers an entry price of $43 along with two price targets. Our 1st target was $50, and the 2nd target was $56. The stock had a huge spike in volume and price action that took out our first target the same day we called out the trade. By Wednesday, it had crushed both of our targets for a three-day return of 30.1%.
(See below what was sent to our members Monday at 6 am and the stock’s price action.)
