- Jason Bond Picks
- Posts
- These three stocks are set up for a breakout right now 📈
These three stocks are set up for a breakout right now 📈
The sale is nearly up on JBP
Hey Guys and Gals,
Hope all you guys and gals had a great Labor Day weekend!
I certainly did, but I’m ready to get back into the market. I see so many opportunities right now it’s INSANE. Jason Bond Picks is back and better than ever.
Also, the kiddos are headed back to school, so we’ll see a lot more action in small caps. The months leading up to January tend to be hot!
Small Cap Market Conditions
I love what’s happening on the Russell 2000 small-cap index. Just look at the chart of the IWM:
We’re forming a beautifully bullish ascending triangle pattern here. Notice how I’ve put in the purple and blue lines to illustrate?
Folks, this is what’s coming up for the index.
I see IWM making a breakout soon after trading in a relatively tight range for many months. It’s impossible to say precisely when it will happen, but I see the index breaking through its $200 January highs soon.
It’s always much smoother sailing with the wind at your back.
Like I said in the Jason Bond Picks training video Sunday, we’re looking for oversold stocks gearing up for a bounce.
On The Radar
Currently, I’m watching three main stocks for potential bounces - BSGM, OTLY, and STBX. All of them are forming that nice rounded bottom chart pattern I love.
They’re solid stocks, recently oversold due to panic and short-selling pressure. Once the shorts start covering and institutional money comes in for a discount buy, there’ll likely be a break to the upside.
That’s when I plan to go in.
Have a look at the rounding bottom then compare it to these charts.
BSGM
OTLY
STBX
Of the three BSGM is my top pick.
Not only is the chart pattern nearly perfect, but they’ve also formed a recent deal with powerhouse NVDA.
What I’m looking for here is enough confirmation for a 5-20% gain on a 1-4 day swing trade.
I’ll be keeping an eye on these, and you’ll get instant info if I decide to take a trade via the Raging Bull app.
I’ll be live at 10:00 AM EST and again at 2:00 PM EST in the chat room to review the watchlist and build upon it.
The 3-minute video watchlists will start Tuesday evening at 8P EST.
Don’t miss this because tonight’s watchlist will feature 10 continuation patterns- stocks with an RSI between 60 and 100 that have incredible breakout potential!
Bookmark:
LABOR DAY SALE → $397 lifetime. There are only 100 69 seats left in this promotion.
Grab yours today!
*please see disclosures below
DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at https://ragingbull.com/disclaimer.
FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision.
RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment.
RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization.
WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication.
If you have a current active subscription with Jason Bond Picks you will need to contact us here if you want to cancel your subscription. Opting out of emails does not remove you from your service at JasonBondPicks.com.
In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled.