Our No. 1 Diamond in the Trading Rough

[RagingBull Elite]( Dear Trader— Jeff Bishop here, There’s no denying this week’s been rough. We’ve seen virtually nothing but chop, and then chop, and then some more chop, just to top it off. Chances are that every breakout you tried to buy got sold— TSLA’s earnings report, I’m looking at you— and conversely, every pop you tried to short SNAPped much higher. We won’t lie: We didn’t magically avoid this butchery. Like so many others, we got chopped, and at times it got rather rough. But we also saw some super successful trades go down at RagingBull this week, nonetheless… How exactly? All courtesy of a few A+ trades that we executed well and which covered for everything else we’re ashamed to mention. What is A+ in a choppy market? Every trader has their own setups, so A+ may mean different things. For us, a major component of most of our best trades has been short interest. We love highly shorted names— when many people are caught on the wrong side, you don’t need the market to support you. Margin calls and forced liquidation will take care of it all. In today’s edition of All-Access recap, we’ll be going over an A+ trade we’ve made (spoiler alert: I happened to be [my highest conviction trade of the week.]() After that, we’ll also share a fun weekend read about how to legally profit off some potentially shady business activity. [I'm an image] The highest conviction trade of the week that I put on was in a stock that aims to fly tourists into outer space: Virgin Galactic: SPCE There’s nothing new about SPCE— the stock’s been a great trader for months now and always remains on our radar. For the first time in a while, the beginning of this week was looking promising again— many factors got aligned: - SPCE had a huge trend reversal/change of character in late September and has been marching higher since, showing incredible relative strength in the process - As it made higher highs the stock would always hit big resistance in $22.5 area - Eventually, SPCE broke out above $22.5 and pulled back into the area, testing the new support— this got us interested - On top of that, it was holding cleanly above the 200-day moving average, and had a bullish 13/30 crossover— one of my favorite patterns. [Alternate text] Our favorite part? You guessed it— 28% of the float was short. So, we had a stock with a strong uptrend, great relative strength, a bullish crossover, and plenty of people sitting ready to pound the “I’m out” button, should the stock uptick any further. All we were left to do was shop for a good entry. Here’s the trade plan I sent out to my subscribers on Monday: [Alternate text] I’ll be the first to admit— it didn’t all go as planned. I placed the SPCE call as a swing position to ride it somewhat longer than my usual < 1 week hold time and get out big. What happened by about 11.30 am the next day is something traders call “too much, too quick”— when the position goes your way immediately and aggressively. If your entry was not a scalp, you should be getting worried. As this was not part of my plan, I decided to cut the trade at the highs for a 60% gain in less than 24 hours. Here’s his exit alert: [Alternate text] In [Bullseye Trades](, my goal is 100% profit targets each week— though of course I’m not going to hit that every week, which is why I’m also teaching proper risk management. [Alternate text] All the uncertainty and sudden election-related news we’re currently seeing means sometimes even our picture-perfect technical setups can break down. So when the price action gets this choppy, there’s one strategy that Kyle Dennis leans on— [Dollar Ace.]( It’s based on a special scanner that a team of quants helped him create— and it allows him to hunt down “smart money” activity and legally piggyback off some of the largest players in the market. Kyle can’t speak for everyone, but the “smart money” plays for keeps and doesn’t gamble. So the trades Kyle sees come across the scanner are among his best risk-reward opportunities out there. In order to truly understand this strategy, it’s been extremely helpful for him to try to tap into their minds. The easiest way he knows how is by analyzing SEC cases. When you start to understand how some of these players think, you’ll be much better positioned to put the pieces of the puzzle together… and unlock potentially large winners. Today, we’ve got one wild story for you that involves key executives and a $500M scheme… these dirty players thought they could get away with trying to defraud investors and a bank. [Continue reading...]( [Alternate text] [Alert: Keep An Eye On This Tech Industry]( By JC Parets of Chart Hunter [Alternate text]( [Momentum Trades in a Range-Bound Market]( By Jeff Williams of Penny Pro [Alternate text]( [How to Follow the Big Money Flow]( By Ben Sturgill of Daily Profit Machine [Alternate text]( [SCKT Pops Off, Here’s What I’m Watching]( By Jason Bond of Jason Bond Picks [Alternate text]( RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 [Click Here to stop receiving emails from support@ragingbull.com]( [Unsubscribe from all RagingBull emails]( DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website,application or other service ("Services"), please review our full disclaimer located at [(disclaimer. 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