The following video provides updates to most of the swing trade ideas from the Nov 18th & Dec 31st videos primarily in the agricultural inputs & energy sector along with a few other miscellaneous sectors. Silver or Gold level access initially required.
+1
How come the “trade ideas” rarely become “official trades”? Also i sent you a couple of emails with questions early in the week. Patiently waiting for a reply. Thanks for the work.
I’ve been considering just removing the distinction of official & unofficial trade ideas in order to focus my time & efforts on continually searching for new trade ideas as well as updating the existing or recent trade ideas. I do my best to share to make a distinction between trade ideas that are ‘setups’, waiting for a specific entry (buy or sell trigger) and those that are ‘actionable’ trade ideas, meaning that one could make a case to take or add to a position at that time. I also try to make an effort to convey which trades are more… Read more »
@rsotc Opinion on lithium stocks $LAC, $LIACF & friends? Time to book profits too?
Most of the lithium stocks are extremely overbought as they’ve been on a tear in recent months. While many are still above trend & overbought is NOT a sell signal, I’m starting to see divergences form on more & more of the lithium stocks and as a hot momentum trade on mostly thinly traded stocks, once the tide turns it could be a very swift rush for the exits. As such, at least consider tightening up stops and/or starting to book some profits as the R/R to being long most of those stocks is diminishing with each tick higher at… Read more »
Thanks Randy! Booked pretty big gains, over 70% return on decent size positions, it’s been only 20 days.
YTEN racing towards 10 today
Yep. YTEN up 19% on the day right now with the technical catalyst being a breakout above that big 8.42 resistance level/top of the trading range. Bullish if this breakout sticks into the close although we have a 3-day weekend coming up so keep in mind one extra day of overnight risk for any swing traders that took the breakout.
Lift in $MBII too. Volumes are over the roof.