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This Week's Top 5 Trades
Oracle Corp. was featured in Tuesday morning’s newsletter. We gave our members an entry price of $80, and we were specifically looking for a 2-5 day momentum trade. This stock hit our entry price that morning and never looked back. We sold the close today for a four-day return of 7.5%.
Apple Inc. was one of our longer-term swing trades that was featured on June 23rd. We were game planning a sharp move higher as the stock has just broken outside of a bullish pennant pattern. We gave our members an entry price of $130 and a target price of $142. This was an easy trade that never gave us any headaches. We sold the close today, $3 above our target for a twelve-day return of 8.5%.
Overstock.com was featured in Tuesday morning’s newsletter. We had game-planned for an $88.50 entry price and a $100 target price. The day after our entry, the stock reversed and nearly hit our stop loss but recovered nicely and gave us a huge bounce today for a four-day return of 10.1%.
Doximity Inc. was featured in this morning’s newsletter as a day trade. We came into the day looking for cash flow, and DOCS paid the bills. We gave our members the trade parameters and target prices so that we could all be on the same page before the market open. The stock performed extremely well for a 2.5-hour return of 10.7%.
Newegg Commerce Inc. was this week’s top trade!
What makes this trade so amazing is that not only was it our biggest winner, but it was by far our quickest trade. The trade was done and booked by 10 am. We were looking for a $7-$10 move, and we got a little over $10 for a 30-min return of 22%.
Many of our members were able to capitalize on this idea, but a few missed it because it was so fast. This is why we are different from all the rest. We send out all of our ideas at 6 am every morning so that our members have ample time to enter their buy orders. See below what was sent out this morning.