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- 6 small-cap swings I'm trading
6 small-cap swings I'm trading
MA(200) confirms start of small-cap bull market
Good evening,
Did you see the IMW today?!
Yes please, may I have another?
Side note, just 2-days into the 1-week sale for the NEW $2,000 Small Account Journey, over half the seats have been purchased.
The next 100 47 subscribers who APPLY Coupon Code: SAJ75 will have the opportunity to watch every trade in this NEW $2K SAJ balance.
It’s safe to say the 47 seats remaining will be gone before the end of the week when the sale was supposed to close. Thank you for that guys and gals, we appreciate your business.
IWM MA(200) met the new bull market trampoline Tuesday.
Boing!
Small-caps are back and catching up to the S&P 500 and Nasdaq quickly.
Remember, coming out of a bear market small-caps tend to outperform. But regional banks were holding them back.
We could have a decade of good trading ahead of us with this new small-cap bull market.
Which is why I’m back to swing trading.
And that’s a good thing because the low-float day trading has been eating my lunch lately.
Let’s have a look at the portfolio.
OTLY - The goal is low $2’s or the MA(200). Stop loss is the recent low.
NRDY - The goal is $3.10 where the descending trendline would be. Stop loss is the recent low.
FUBO - The goal is the MA(200). The stop is the recent low.
VERI - The goal is the recent high of $4.50 followed by the MA(200). The stop is the recent low.
LQMT and VRAX are long-term trades for me with a goal of $.15-$1 on LQMT and $1-$2 on VRAX. I think VRAX is likely to make a move to $1 soon based on its history of monster spikes.