fbpx

Unless you’re living off-grid on a remote island, you probably heard yesterday’s news …

“Elon Musk Acquires 9.2% Stake In Twitter”

For Twitter, the market responded well and the result was positive.

I mean…it’s Elon. He’s a walking catalyst.

Anyways, that’s yesterday’s news. 

The point I’m trying to make here is that…

The market responds to news catalysts…and that is a smart trader’s advantage.

Breaking news — either positive or negative — is a key driving force behind the performance of stocks…especially pennies. 

Their prices and momentum get quickly affected by the hype.

So when looking for swing plays, I keep my eyes out for catalysts like financial reports, earning reports, or positive news that hints at an increase in the value of the company.

That being said, here’s what you might find interesting…

Two stocks I believe are set up for a good upside this week

MULN

In the last 30 days, MULN has gone from trading around $1 to gapping up to $3 (even spiking as high as $4.18).

The catalyst here: The company is set to boost production and have sealed some key partnerships. Last week, the CEO, David Michery teased that “a fairly large company will be buying” Mullen’s van vehicles “in the close future.”

This catalyst — plus option traders being heavily bullish on the penny stock — makes this stock interesting to keep an eye on

I already have a small position in MULN at $3.06, and I’m looking for middle $3’s to exit. Ultimately I think it could go back to $4.

DIDI

The likely catalyst here: There has been some back and forth with the feds and China as the SEC gears up to de-list Chinese companies from US exchanges.

If some favorable regulatory news comes out of China (and they reach a compromise), I anticipate a big move.

Right now, DiDi is trading at $2.93. My goal for a swing trade would be to exit once it enters the higher $3 range…even though I believe $4 is likely.

I’ll be sending out pre-alerts before I take action — you’ll know when I enter, exit, or adjust my position. 

Just like this alert I sent out in the live chat room before buying MULN last Thursday.

Here’s the result of that one…

I strongly believe this trade will turn out well too…but we’ll see.

Again, if you’d like to get pre-alerts before I buy, sell, and adjust my position on these stocks…click on the button below. 

Author: Jason Bond

I want to be honest (and share something) with you…so hang tight.

As you’ve probably noticed, there’s a ton — a whole lot — of misinformation out there.

Pump and dump schemes? Yes.

YouTube experts that talk BS. Check.

“Furus” that don’t trade with real money, yet make ridiculous promises. Check.

Well, guess what…

RagingBull isn’t the place for that.

If there’s one thing I and other experts here strive to do, is deliver value and help you be a better trader — while being transparent.

And in the spirit of transparency, I want to tell you I lost a trade.

Here’s the thing…

Early this week, I sent out a note that I had VEON on my watchlist.

Well, on Monday, I sent out alerts, traded the stock, and made a nice gain.

The next day, I entered another position and that didn’t turn out well.

But…

That’s okay. Some days are like that.

I cannot be right 100% of the time. And that’s something fake gurus try hard not to show.

Here’s the bright side about this whole thing…

What matters is that;

  1. I learn from this trade
  2. I win more than I lose

I’ve learned from this loss and getting back in through the weekend.

As usual, I’ll be in the premium chat room talking about it LIVE — and sending out pre-alerts before I take action.

Something else I’m watching closely?

Some penny stocks that I believe might gap up over the weekend.

DRCT is one of them. I identified one of my favorite patterns — Fibonacci Retracement.

 

I entered a position yesterday, and we’ll see how that plays out.

I recorded a short video where I go in-depth about the Fibonacci Retracement pattern.

Want access to this video lesson?

It’s available in the dashboard at no cost!

👆Click Here👆

 

Author: Jason Bond

Let me show you something real quick…

There are a lot of opportunities out there — especially with penny stocks. I just have to know;

  1. Where to look
  2. How to take advantage of them

Talking about where to look…

As early as 4 A.M ET Tuesday, I was awake trying to make the most of the pre-market. 

And by 7:30 I was already up 23% on SXTC.

In at $0.268 and quickly jumped out at $0.33

Hundreds of people who were watching me trade live were happy about that one lol

I entered another position just before 10 a.m and that turned out well too — 25% green.

 

 

Here’s a key takeaway from this trade

As much as penny stock trading can be rewarding, I always emphasize the need to…

Take reasonable risks

In this case, what I had at stake (less than a thousand bucks) was small for me, compared to the potential upside I saw. 

SXTC’s in the bag already…which brings me to something you might be interested in…

What’s another nice opportunity I’m seeing?

This penny stock — VEON

I traded this stock this Tuesday morning and despite hitting a nice win…

 

…I’m looking to get back in and rinse-n-repeat

The range is around the $0.80 to $1 area, so I think there’s still a good opportunity here.

 

How do I plan to play VEON?

My goal for a swing trade like this is a 5-20% gain. I could aim much higher though if the opportunity presents itself. 

That being said, I’m looking to enter around the $1 zone.

I’ll be sending out pre-alerts before I exit, so you see exactly what I’m doing

Plus, I’ll be live in my chat room trading and letting folks know minutes before I take action. 

So if you want to watch me trade LIVE — with my mic & camera on, sharing my screen…

As well as get pre-alerts before I buy, sell, and adjust my position…

 

Then click here 👇

I’ll talk about possibly re-entering VEON and my game plan in detail…

Plus another penny stock opportunity I see setting up this afternoon (and tomorrow)!

 

Author: Jason Bond

Skip to content