[RagingBull Elite](
Trader,
How can traders increase their probabilities of success?
Forget about trying to time the dip.
One of the best ways is to identify where the market is RIGHT NOW, and buy into that.
Thatâs why, for the first time ever at RagingBull, JC Parets is showing traders his lists of [50-60 stocks per week displaying an unusual increase in trading interest.](
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Heâs teaching traders [how to analyze these most popular stocks during the week]( and spot opportunities jump in and ride these momentum names higher.
How does JC identify these 50-60 stocks each week?
By paying attention to what the data is telling him⦠and making the data work for him.
After sifting through 10s of millions of data points, JCâs [proprietary scanners]( tell him what to look at.
They pick up on whatâs trending based on chatter on social media, increase in investor demand, and unusual options activity.
They usually come from the hottest sectors, which tend to move quickly.
And how does JC narrow his list down to just [5-10 stocks he thinks are ready to get lit](⦠like gasoline on fire?
Thatâs where the human element comes in.
As a Chartered Market Technician (CMT), JC uses a variety of technical analysis tools to identify possible areas where stocks could breakout.
That includes fibonacci extensions, which provide [defined trading ranges that lay out clear entries, targets, and stop losses.](
With the help of tools like these, JCâs able to spot trades with good risk/reward.
Like these trade ideas he has on tap right now, which are getting some buzz in the headlines â¦
KODK:
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KODK is by no means a newcomer to tradersâ watchlists, but letâs quickly recap the basics:
- In late July it ran from low $2s to $60(!!!) in 2 days and combined 550M share volume on news of a $765M government loan to set up drug production facilities.
- Soon thereafter, it was discovered that top executives got massive options packages right before the announcement.
- After much bad publicity, the loan was put on hold and multiple investigations were launched.
- Stockâs been drifting lower ever since, eventually settling in $5.7- $6.3 range.
Recent developments:
- 2 days ago, KODK announced an independent special committee found no violation of law in connection to the loan announcement.
- Multiple huge unusual CALL options sweeps throughout yesterday and the day before.
- Volume is backâ close to 300mil shares traded in the past 2 sessions.
Trade plan & outlook:
- We love the combination of news-insane volume-options activity and relative strength on day 2.
- Our plan is to be long on reasonable dipsâ if the stock opens at 20 and sells to 17, thatâs not a reasonable dip; if it opens at 12 and then consolidates in low 10s, weâll likely be in against 9.5s
- Assuming it doesnât fail, donât underestimate how far this can go. That said, we will be taking profits along the way and the faster it goesâ the more we will sell.
NIO:
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Letâs face it, NIO is not just an EV makerâ first and foremost, itâs a HEADACHE!
Stockâs done nothing but grind higher providing no dips to get in.
For shorts, on the other hand, itâs been an absolute account destroyer.
Yet, where there are emotions, thereâs always opportunity.
So letâs have a closer look:
- Chinese EV maker
- One of the prime beneficiaries of EV hypeâ at $2s in March, nearing $20s now
- No game-changers, but continuous positive news flowâ good deliveries, decent earnings, regular upgrades
- Recent 88.5M shares offering at $17â unbelievable price, given stockâs been at $7 just a month prior
Recent developments:
- Relative strength during overall EV selloff with TSLA at the forefront
- Spectacular hold near the all-time highs
- Unusual options activity throughout the week
Trade Idea & Outlook:
- Itâs hard to get in if you arenât in already, but no reason to not be long one of the strongest stocks out there.
- Donât chase it but we are a small buyer against $15s and will be adding if stock holds above $20, making $20 our new line in the sand
- The stockâs been on a notable trend - if it breaks, weâre out immediately
SNOW:
As a bonus, SNOW isnât a traditional watchlist item, given it only started trading 2 days ago.
Therefore, weâll only provide an update to our outlook based on what weâve seen so far:
- Too early for us to make a trade with any size above minimal, we still want to see it range out
- As is common sense, weâre leaning shortâ company that was worth $12B in February isnât worth $63B right now and definitely not worth close to $100B it was at $319.
- Weâre happily but carefully shorting intraday pops
- Our goal is to not get biased and oversizedâ a lot more obvious short picks have destroyed accounts
- Big picture, we want to be short close to $250 with a hard stop at $280
To gain full access to JCâs watchlist every single week, [you can join his brand new Data Driver service here.](
Youâll learn from the guy that some of Wall Streetâs biggest banks and hedge funds are paying $10K per day for trading insights.
But you have to hurry!
On Monday at 11:55 PM ET, JC is deadlining his special offer to join this brand new service.
[Join here before JC closes the door.](
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The Boardroom Just Rolled Out
A New Pre-IPO Masterclass
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Thanks to New Regulatory Loopholes
Regular Investors Can Capitalize on
What Was Once Reserved
For the Ultra Rich
Learn How to Access This
Untapped Pool of Opportunity
[Attend Here](
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[Alert: Major Trends Developing In These Sectors](
By JC Parets of Chart Hunter
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[[Case Study] How I Played The TSLA Momentum](
By Jason Bond of Jason Bond Picks
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[Will This TSLA Competitor Surge Even Higher?](
By Ben Sturgill of Daily Profit Machine
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[What Fractals Are Telling Me About The Markets](
By Dave Lukas of Options Profit Planner
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[Is ONTX Setting Up For A Gap Fill?](
By Jeff Willaims of Penny Pro
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