Watchlist/Open Trades Update
XNET: double dutch trade, big win, we bought at $4.35 and it’s almost at $10 today. Time to take the profit at $9.50 (or so) right now. Nicely done on this trade, and I’m excited for the next one.
NEW TRADE ON PSAC: double dutch trade (I actually call this a Trash Panda, haha), I bought PSAC at 16.82 today, looking for the $20 area as a first target, stop under $14. We might see this run to $25 or higher, so I’ll update you as we go.
UPDATE TRADE ON METX: Matador, we had a buy alert above $4.30 – it never went above that level, so I didn’t get in, but I have heard from some of you that got in. If you’re in, it’s time to get out and has dropped below $3.
CLOSE MGNI: This stock has run before, morning Matador, we bought at $57.10 and it ran to $62 (3 bucks under our target) but now has fallen back to the entry. Let’s dump this at break even and do something else.
These are the only trades we have right now, there will be more trades next week. Love you all, thanks for being here
LESSONS AND MORE:
What is a Matador trade? Watch this video
What is a Double Dutch trade? Watch this video
What is a Hanging Bear trade? Watch this video
How to find hot stocks: Watch this video
Ok happy trading and see you soon
Daily Profit Publishing and Rob Booker do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor. We are not licensed to provide you personalized investment advice. Nothing in these communications should be construed as personal investment or financial advice.