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This Week's Top 5 Trades
This week has been a tough week to trade due to the choppiness and lack of direction in the market. Because many of this week’s stocks failed to hit our entry price, we have mostly remained in cash. The stocks that did trigger have not yet hit our target nor stop loss. However, we had a very nice trade in EOG shown below that hit our target today and a lot of attractive setups lining up for next week. Stay tuned!
For those of you that have not yet subscribed, this is an amazing time to join our community. The market has pulled back almost 6%, and there are great opportunities that are presenting themselves. Subscribe today for a free trial!
EOG Resourses Inc was featured in last Monday’s newsletter. We were looking for a massive move coming out of the multi-day consolidation with an entry price of $75. The stock gave us a quick fakeout to the downside and then hit our entry and shot straight up for a beautiful trade. It hit our $84 price target today for a 10-day return of 11.9%.
See below what was sent to our members last Monday at 6 am.