Trade ALERTS – SOFI / PENN – 08/06/2021
The Next Profit Accelerator Trades Are Ready:
BUY CALL (or stock if you prefer above $16.90)
EXPIRATION: AUG 20
ENTRY: PRICE RANGE: $1.45 or Better
*SOFI announces earnings after market on Aug 12th so this trade doesn’t have very much time. If you are more risk adverse or this trade does not trigger, wait until after earnings for a potential post-earnings trade. If the trade does trigger, use a tight stop and to be the most safe, exit before market closes on Aug 12.
I talked about this in the Profit Accelerator mastermind call today so check out the recording if you couldn’t make the class live.
BUY CALL (or stock if you prefer if the stock trades above $74)
EXPIRATION: OCT 15
ENTRY: PRICE RANGE: $6.75 or Better
PENN trade triggers if the stock rallies above $74. PENN reacted to earnings this week and they are forming a double bottom on the daily chart. If the stock breaks out above the $74 consolidation area the bullish trade will trigger.
*Keep in mind, these are not hard stop rules. You can always chose to exit trades early or stay in trades longer.