VERI, FUBO, SIEN all working

Good morning,

I’m transferring my entire account from TD to CenterPoint this week because it’s a better platform for active stock traders like myself. 

For the foreseeable future I’ll be using EMAIL ONLY for trade alerts so make sure you are subscribed to the premium email list. 

This daily watchlist is being posted to the dashboard. 

I will post a master watchlist later today.

The Jason Bond chat room is FREE and open to all of my readers. Invite your friends or family, all are welcome. All fast moving trades such as day trades will be discussed in the room. 

I will post room rules later today.

Chat room: https://app.ragingbull.com/join-room/jbp

Monday’s watchlist said:

VERI - Downtrend since February and now trading less than cash / share or $1.95. 13% of the float is short and I think this is a double or triple as a January Effect trade. The main issue I see at the moment is tax loss selling into Christmas could continue to put downward pressure on the stock. When it bounces back I think $4-$5 is my target. I’m looking for 10-20% from my entry on a swing trade. At this depressed valuation Veritone is a takeover target. 

Entry: $1.55-$1.70

Stop: $1.53-$1.47

Target: 10-20% from entry

Range: $2.50-$2.93

RESULTS: so far VERI is up 21% from this write up on 11/13 premarket. 

FUBO - Recent earnings winner that faded last week with the IWM. Management has brought costs under control. Short interest is 18% and their cash is $.89. The average price target is $3.65 but I think it will be trading between $4-$5 in the first quarter of 2024. Definitely a takeover target by Amazon, Netflix and a few others who might want fuboTV’s huge footprint. 

Entry: $2.50-$2.60

Stop: $2.33-$2.27

Target: 10-20% from entry

Range: $3.30-$3.47

RESULTS: so far FUBO is down 1% since this write up on 11/13 premarket.

SIEN - Trading less than cash of $1.33 / share this is a decent little company under $1. Was $4.50’s back in July. Thinking $2-$3 during January Effect. Gotta watch out for tax loss selling here into Christmas. But if it breaks $1, a move through the gap back to $1.50 looks like a good swing. 

Entry: $.87-$.95

Stop: $.84-$.81

Target: 10-20% from entry

Range: $1.45-$1.63

RESULTS: so far SIEN is up 4% since going on watch on 11/13 premarket. 

All of these ideas still have range and are therefore still in play. Going forward you’ll notice me slowing down with the watchlist and alerts, to ONLY focus on the best setups with high probability of moving in the desired direction. 

BULL HORN

Wednesday at 12P EST Taylor Conway will launch his futures trading newsletter ALGO FUTURES PRO. Pre-enrollment of 20 seats started Monday, of which 8 are already taken. 

There are 7 video lessons on demand and available to all. Click here to watch them.

And even though the service doesn’t premier until Wednesday and start until Thursday, Taylor is a race horse and already recorded lesson one, Bullish Breaker, for premium members.

We are only offering a monthly subscription to this newsletter and only serious traders should subscribe. Who is Taylor?

Taylor Conway came to the United States from London. As a car salesman, without a college degree, started trading with $25,000 in 2016. He has grown it to over $6,500,000 (2016 YTD). But the point here isn’t to just highlight what Taylor made trading or that it’s necessarily an outcome someone should just expect to just replicate if they join. No, what I find the most compelling is Taylor’s trading skills that he developed as a part of our RagingBull community – skills that I think every trader can benefit from learning and applying to their own journeys as they grow and develop as traders. Like I said, it’s not necessarily the outcome that matters as much as what you learn during the journey.

Learn more about ALGO FUTURES PRO.

Then join us in the chat room.

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