Weekly Recap
This Week's Top 5 Trades
#5 QS
QuantamScape Corp. was a day trade featured in this morning’s newsletter. Our target for the trade was $1.50-3.25 profit per share, and we were able to capture almost $2.25 for a one-day return of 8.40%.
#4 OSTK
Overstock.com was a day trade featured in yesterday’s newsletter. Our initial target was a $3-5 profit per share. The stock closed strong yesterday, so we decided to carry it overnight as mentioned, and boy are we glad we did. The stock had a solid day today, and we were able to capture a total of $6 on the trade for a two-day return of 8.45%.
#3 APPS
Digital Turbine Inc. was featured in Monday morning’s newsletter, where we gave our members an entry price of $67. Our entry price did not trigger until Wednesday (a perfect example of why we use alerts or buy stop orders), and once it did, it was off to the races. The stock had two monster days but could not get through the previous high today, so we decided to book the gains and move on. Three-day return of 10.4%.
#2 CRM
Saleforce.com was featured in last Tuesday’s newsletter with an entry price of $256. This was one of our top ideas last week, looking for a reversal and continuation of the previous bullish trend. After hitting our entry, the stock consolidated for several days and then just exploded the last two days with a massive gap in our favor! Seven-day return of 11.5%.
#1 CPE
This week’s top trade was in Callon Petroleum Co.!
CPE was featured in last Tuesday’s newsletter, and we outlined this trade from start to finish with pinpoint precision. There is no crazy algorithm, expensive software, or any other mumbo-jumbo trading gimmick. This is old-school tape reading, and in our opinion, nothing compares! Nine-day return of 21.2%.
See for yourself what was sent to members last week and how it played out below.
See below the price action from the day we called out the trade until today that it hit our target.
