The Professor has recently finished working with the programmers here at Raging Bull to develop a new and improved scanner for his strategies. The MACD BOOM Scanner is finally here, and on Tuesday, it helped him find this Breakout in HCP, and since then, it has basically continued to go straight up! Since the MACD BOOM scanner picked out HCP, it is up over 10%! Here’s What happened:
Don’t get left behind, the MACD BOOM Scanner is included with every Total Alpha subscription.
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The Professor has been working with the programmers here at Raging Bull to develop a new and improved scanner for his strategies. It’s finally here and it’s called the MACD BOOM scanner!
It’s vital to have cutting-edge technology to stay ahead of the curve and keep up with the competition. I mean, you’re trading against some of the brightest minds and biggest institutions in the world, and if you want to compete, you have to take your trading seriously. The MACD BOOM scanner helped the Professor find his latest pick.
Don’t get left behind, the MACD BOOM Scanner is included with every Total Alpha subscription.
Big Picture
QQQ
On Tuesday,
- The QQQ’s were actually holding up against the market turndown, breaking into positive territory
- I thought The triple bottom could signal that buyers don’t want the markets to drop to the $275 price level and could continue to buy at this point.
- The resistance at $285 is key for sellers, if they hold this level, they could turn the QQQ lower again on the bulls
With this strength in tech stocks in mind the MACD BOOM Scanner helped the Professor find his next pick HCP:
HashiCorp, Inc (HCP) provides multi-cloud infrastructure automation solutions worldwide.
It hit the MACD BOOM scanner, and the Professor liked what he saw.
He sent this Note to subscribers on Tuesday Afternoon:
HCP
The 30 min chart is looking bullish, no wonder the bulls are here for nearly 10% run higher.
The scanner hit and there is a TTM Momentum histogram showing the bullish price action at this time.
With the OBV also showing a bullish crossover, I would like to see the bulls continue to run from here and test the recent pivot highs.
And Here’s what happened next:
The stock is up over 10% since it was alerted by the scanner, and over 7.5% since the Professor’s note was sent to subscribers. Another great trade Idea by the Professor!
With a subscription to Total Alpha, not only will you get access to live training from the Professor himself every week-day, as well as his trade ideas sent to your e-mail inbox, but you will also have access to the MACD BOOM Scanner yourself! This way you won’t miss any of the great signals this proprietary scanner sends out!
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