Weekly Recap
This Week's Top 5 Trades
#5 TDOC
Teladoc Health was featured in this morning’s newsletter. We were looking to buy and get a push back up to $300. The stock looked great right out of the gate, and then the markets started selling off. We decided to quit while we were ahead on the trade and will look to re-enter next week. One-day return of 4.15%.
#4 MSFT
Microsoft was featured in last Thursday’s newsletter. We had a $224 entry heading into earnings, which ended up working in our favor. We closed the trade out yesterday as sentiment started to shift and volatility came back in for a Five-day return of 6.7%.
#3 BLNK
Blink Charging was featured in Monday’s newsletter. Our entry price was $46.50, but the stock did not hold that level. The following day it opened above our $46.50 entry and hit our price target of $60 that same day. #BeastMode. One day return 27.65%.
#2 SPWR
Sunpower Corp was featured in last Friday’s newsletter. Our $43.50 entry triggered, and since the stock continued closing strong, day after day, we continued to hold. This turned out to be a longer trade than anticipated. Going in, we were looking to hold for a day or two, but the stock never gave us a reason to get out. We closed our position today for a One week return of 28.7%.
#1 BIGC
BIGC was this week’s big winner. We featured BIGC in last Friday’s newsletter, and we outlined the entire trade with pinpoint precision. Our entry price was $71.50, our stop loss $67.50, and our price target was $83.50. The stock did exactly as planned and exploded right through our price target. We let it run until it started to turn around and closed it out for a monster Four-day return of 32.8%.
