- Jason Bond Picks
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- Shorted a $681 stock for $2.84
Today's sponsor
Jason Bond here.
Monday my scanner identified COST as overbought.
So I went short in the $2,000 Small Account Journey.
The stock was at $681 when I entered.
A bear call can win in 3 ways.
COST can go slightly higher to $685
COST can so sideways
COST can go lower
COST went lower overnight.
So I alerted subscribers of my exit plans.
Subscriber feedback in the chat room.
The win helped me grow my $2,000 balance over $6,500.
Or up 227% in about a month.
Results aren’t typical. Trading is hard. Nothing is guaranteed.
I want to point out that I cannot speak for my members’ performance, as results may not be typical and trading is HARD. And I cannot guarantee you will make money. But what I can guarantee is that I will work my BUTT OFF to teach you WHY I trade WHAT I trade.
So let me teach.
Do you see how COST is trading at the Keltner Channel +5 ATR (Average True Range) with an RSI in the 80’s?
This is an extremely overbought situation and suggests the stock’s advance will stall or fall.
A bear call wins if the stock goes slightly higher but below $685, sideways, or lower.
It went lower.
These are the strategies I teach in the $2,000 Small Account Journey.
Ready to start your Journey?
Cheers,
Jason Bond
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