Lift in $MBII too. Volumes are over the roof.

Thanks Randy! Booked pretty big gains, over 70% return on decent size positions, it’s been only 20 days.

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.

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 this time.

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 promising than others & in the past, those have been the ‘official’ trade idea although at times, some of my favorite trades with the most gain potential were unofficial since they were low-priced or low-volume stocks. I usually made those unofficial trades as I realized those very high-risk trades weren’t (and shouldn’t be) for everyone.
I’ve been behind on emails but will check my inbox today as soon as I get the Oil & Gas Trade Ideas video posted.