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All eyes are on this low float stock today

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360wallstreet.io

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360wallstreet@mail.360wallstreet.io

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Mon, Dec 5, 2022 02:42 PM

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Here are our top 3 trade ideas today. These setups look primed! Be the best prepared trader on the S

Here are our top 3 trade ideas today. These setups look primed! Be the best prepared trader on the Street! Good day, 360! Here are our top 3 trade ideas today. These setups look primed! Be the best prepared trader on the Street! SXTC - Low float China stock up over 30% in pre-market as China eases Covid restrictions BA - 2nd day play. Boeing soars on news it's nearing deal with United Airlines (UAL) for order of dozens of 787 Dreamliners LYFT - Citigroup maintains Buy recommendation, lowers price target to $45 Jeff’s #1 Trade Idea for the Week Just Dropped! Jeff Bishop’s flagship trading service [Bullseye Trades]( is the perfect introduction to new traders and great for professionals to get access to his favorite, highest-conviction trade idea every week. Every Monday morning before the market opens, Jeff breaks down his #1 idea with the exact options contract, targets and stop level along with a detailed trading plan and why he’s in the trade. Here’s what happened last week: Now not all Jeff’s trade ideas work this well (check out his [trades from the last few months here](), but he’s had the hot hand recently and most importantly he can help you [think like a professional trader]( and teach you to plan your own trades like a 20 year veteran. Jeff is also offering a [30-day money-back guarantee](, so really what do you have to lose? >> [Join Bullseye Trades and](elevate your trading << SXTC - Low float China stock up over 30% in pre-market as China eases Covid restrictions On news that Covid-19 curbs in China are being eased across more cities, Hong Kong’s Hang Seng index was up over 4.5% today. Big Chinese names such as BABA are up over 4% and casino stocks with China exposure such as LVS and MGM are seeing some interest. However, the biggest mover this morning is SXTC, a low float China stock that is up over 30% in the pre-market. This is one for day-traders to watch as the volatility in this name is sure to be high this morning. SXTC has a float of just 3.31 million shares according to Finviz. This small float could lead to some wild moves today if the volume continues to stay high. $1 will be an important pivot level today. Above it the next target would be pre-market resistance at $1.09 and then the premarket high of $1.14. Above $1.14 all bets are off. SXTC is down over 90% from last year's levels, and if it gets going the next major resistance is not until $1.70. Below $1 there is potential support at $0.80 and then a gap to fill at $0.75 if buyers walk. [Here is your direct link to the 360 Wall Street Chat Room]( BA - 2nd day play. Boeing soars on news it's nearing deal with United Airlines (UAL) for order of dozens of 787 Dreamliners The [breaking news out of the WSJ]( sent BA 3% higher in minutes. The strength continued for the rest of the day on Friday. The technicals for BA look great in that it’s breaking out of a major flag pattern. The fundamentals are also good with the news of new orders, and the weak U.S dollar increasing potential demand from overseas customers. BA could move much higher in the short term based on these factors. The $183 area is a resistance level from Friday and will be an important pivot level today. Above it the next targets to the upside are $189 and $192. Above that, the psychologically important $200 comes into play in the near term. Below $183 prior resistance around $180/$179 becomes a potential support area. Below that $176 and $174 are the next targets. [Here is your direct link to the 360 Wall Street Chat Room]( LYFT - Citigroup maintains Buy recommendation, lowers price target to $45 LYFT has been consolidating at the $10.50-$11.50 area for a few weeks now. Given that this area is the all-time low for the stock, a break out of this zone could lead to higher prices quickly. Citigroup's target represents more than 300% upside in the stock so I think we could see a 2-3 dollar pop in this name quite easily. $11.50 is a potential resistance area. Above that the next target would be $12 and then $13, with $13.50 as the next major resistance level. To the downside the next target would be the $10.50 major support level. $10.50 is around all-time lows for LYFT and a break below would mean the stock would be officially broken. Below that a move below $10 and then $9 would be on the cards. [Here is your direct link to the 360 Wall Street Chat Room]( To Your Success! 62 Calef Hwy #233 Lee, New Hampshire 03861 United States Questions or concerns about our products? Email [Support@360.com]( © Copyright 2022, RagingBull - Refund Policy - Privacy Policy - Terms & Conditions DISCLAIMER To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [( 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. Employees, owners, and other service providers of []( or RagingBull.com LLC are paid in whole or in part by commission based on their sales of Services to subscribers. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers in this email. 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. [tw]( Update your email preferences or unsubscribe [here]( © 360wallstreet 62 Calef Hwy. #233 lee, NH 03861, United States [Publish on beehiiv](

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