Monday's penny stock trades

And intraday breakouts

Good morning,

5th month into Jeff Bishop’s $10,000 month challenge over the next year – 

One open position and I’m ITCHING to put on more trades

Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically. 

No time like the present to grab your place at the table!

Here’s the FINVIZ list of 21 penny stocks I’m stalking for swing trades. I’ll update this link each morning. I expect it’ll top out at 40-50 names. 

My open swing trades are OTLY @ $.81, VERI @ $2.04, FUBO @ $3.06, DDD @ $4.64 and GEVO at $1.21. I like to swing 3-7 penny stocks at a time. 

I’ll look for a few intraday breakouts each day, which are exciting when they work, but not well suited for busy professionals unless you can be in chat. I covered this in Saturday’s lesson which will be posted online later today.

And no more long-term ideas headed into 2024, they are just too boring.

Here are the trade plans for my open swings. 

OTLY

Buy zone: $.70-$.75

Range: $1-$1.20

Profit zone: $.80-$.90

Stop zone: $.64-$.60

Notes: Bullish engulfing candle Thursday suggests trend to $1.

VERI

Buy zone: $1.85-$1.95

Range: $2.50-$2.70

Profit zone: $2.20-$2.40

Stop zone: $1.77-$1.73

Notes: One of my favorite January Effect ideas. 

FUBO

Buy zone: $3-$3.10

Range: $3.50-$3.80

Profit zone: $3.30-$3.40

Stop zone: $2.90-$2.85

Notes: Earnings winner. Attractive valuation for buyout.

DDD

Buy zone: $4.55-$4.65

Range: $6-$7

Profit zone: $5-$5.30

Stop zone: $4.47-$4.42

Notes: Well off the 52-week high of $12.67. Attractive valuation for buyout.

GEVO

Buy zone: $1.16-$1.20

Range: $1.40-$1.70

Profit zone: $1.33-$1.38

Stop zone: $1.14-$1.12

Notes: Second time above the 10-day EMA 

Sunday I was chatting with Jeff Bishop about his QQQ trades Friday.

Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically. 

Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically. 

The education and real-time alerts are made in Alpha Hunter. 

Jay

Questions or concerns about our products? Email [email protected] 

© Copyright 2022, RagingBull

 

DISCLAIMER To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at https://ragingbull.com/disclaimer

FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision.

RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment.

RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of https:// ragingbull.com or RagingBull.com LLC are paid in whole or in part by commission based on their sales of Services to subscribers.

RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled.

WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication.