Focusing on ELWS and PSIG

Plus 50% off All Access

Jason Bond
August 14, 2024

Good morning,

VERI was a nice trade Tuesday. Shares went from $2.50’s to $2.90’s. I netted abought $700 on that one. Once rate cuts start the IWM should trend up and good small-caps like VERI with it. I could see this going to $4 this quarter so more trades to come on it.

This morning I’m in ELWS at $4.32 looking for $5, maybe even $6. The $4 breakout on volume Tuesday was key. The base of support should be around $4 now and range is $6. I’ll be building size above $4 and looking for 10-30%.

PSIG is an oversold fishhook I really like. Shares jumped on news Monday, dipped Tuesday morning but regained highs by close. This tells me the stock is likely to continue higher. Support should be in the $2.20’s, range is $3.

RagingBull is running BACK TO SCHOOL sales.

A good one you should consider is All Access because while seats last, Roadmap, valued at $1,997/yr, is included at no-cost.

Roadmap is my livestream chat room where you can see my TastyTrade account live during market hours. Orders, positions and Q&A on the trades and charts.

Orders from Tuesday:

Positions from Tuesday:

You can call Davis at 800-585-4488 to join RagingBull All Access or you can simply CLICK HERE and subscribe now.

Use COUPON CODE: SAVE50

We put a 50 45 seat limit on this sale and 5 seats already sold Tuesday.

Jay

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