[RagingBull Elite](
Trader,
Most of us donât want to sit around for decades waiting for investments to mature.
We want the $$$â like yesterday.
Thatâs why Jeff Bishop is opening access to [his high conviction, breakout pattern trading workshop]([.](
But can traders really make money fast with stocks?
Yes, itâs possible.
But there are some [guidelines traders have to follow to limit risk and maximize potential upside.](
Letâs take one trade Jeff is currently looking into as an example.
JD.Com (JD)
Chinese markets havenât performed as well recently.
But some Chinese stocks on the U.S. exchanges have been pretty spectacular.
One of those is JD.com, the largest online retailer in China.
Weâre seeing an opportunity to trade itâs American Depository Receipts (ADR), even though its main shares are listed in China.
Of course, thereâs always the possibility of U.S. government action related to China that could hurt this stock.
But we canât plan for it, and this is meant as a short-timed trade.
Hereâs the setup:
[Alternate text](
Itâs a pretty straightforward setup.
The 13 and 30 hourly MAâs recently crossed over.
Price broke out above the 200-period moving average in one bar (engulfing candle).
It then traded sideways/lower in a narrow price channel.
Now weâre looking at a bullish pattern, which uses the moving averages as support (both the 200 and the 13 and 30).
For this trade, weâre looking at the following contracts:
Medium: JD Oct.16th $80 call for $1.70-$1.80
Spicy: JD Oct.9th $80 call for $1.00-$1.10
Want to see more textbook examples of [Jeffâs signature crossover pattern.](
Itâs nothing that heâs never done beforeâ itâs a repeatable pattern thatâs scored him 100% returns again and again.
[Join his high conviction, breakout pattern trading workshop.](
Alternatively:
[Take advantage of this special quarterly offer]( to immediately test drive Jeffâs strategy for a limited time.
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