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This simple line could save your trading 📈

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ragingbull.com

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bright-ideas-newsletter@mail.beehiiv.com

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Tue, Nov 7, 2023 02:16 PM

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I rely on this signal when I am day trading

I rely on this signal when I am day trading                                                                                                                                                                                                                                                                                                                                                                                                                 November 07, 2023 I rely on this signal when I am day trading *Sponsored by Sica Media Good Morning! The markets are turning slightly lower this morning, which isn’t surprising at all. The QQQ just had an incredible move where it powered higher for 6 days in a row!  Will the Champ fight through the morning doldrums and notch a 7th victory today 🥊? Betting against tech stocks is always a dicey proposition. I wanted to update you on my idea from yesterday on INDP. That stock made a much stronger move than I anticipated. I thought it could run 30% over the course of a week, perhaps – but we got that whole move by lunchtime! Not a bad morning for those of you who opened the email I sent you when trading started! It was a very busy day of trading indeed, and it was a textbook example I wanted to share with you on what I look for when I trade. First of all, when I am day trading, I like to use a 3-minute timeframe (which you’ll see on the chart below). I think this works better for me than a 1-minute chart because it cuts down on the “noise” of frantic 1-minute moves. Next, I am looking for strong stocks that are breaking above the 3-min moving average (which is the yellow line on the chart below), and ideally have a “GO” signal from the AI-driven algo as well. As you can see. INDP checked all of these boxes yesterday. This combination of indicators led to a staggering 30% rally yesterday, before a late-day pullback. One thing I hear from traders a lot is, “When should I get out of a trade?” Well, I can never tell you what to do with your personal trading, of course, but let me share my personal experience. I like to ride those strong trends like we saw yesterday for INDP, as it was trading above the 3-minute line for as long as it goes. Sometimes stocks go up a lot more than you would ever imagine! Now, also notice when the momentum started to drop. An easy way to tell that a stock is starting to change directions is when the colors of the bars start to change (this is a favorite feature of mine from my BlackBox software). You can see this in the chart above when INDP begins to fade below the 3-minute line for a few bars, which is right before the “No GO” signal appears.  When those ominous indicators appear, I like to go to the sidelines for a while. It doesn’t mean the trade is done, and I am not coming back to the stock. It simply means that I am going to wait for the next strong signal to appear. That is how I increase my odds of winning. Like I always say, you’re always just one button away from being out of a trade… and then one more can get you back in. It doesn’t matter if I have a profit or a loss when the “sell” signals appear. The market is clearly telling me it is dangerous to be in the stock at that time, so I better wait for the “all clear” signal again before I get back in. If you want to see how I manage these types of signals in real-time, there is no better place to be than our “[Market Masters” live trading room]( during the day. If you don’t have access yet, you can [join with this link]( Just make sure you use the code “CHEERS” 🍻to unlock the big discount I added today. No matter how you approach your trading, I think it is always important to have a solid game plan before you make any trades – and then stick to it! As I just pointed out, when I land on a strong stock like INDP, I don’t want to abandon it completely just because it slipped into a “No Go” for a while. The next turn could be coming at any time, and the sooner I can latch on the next trend higher can make all of the difference. Keep INDP on your radar today, and watch for a reversal. It might be coming sooner than you think! In case you didn’t get a chance to look at the email I sent you yesterday, and why I like it so much right now, I copied the highlights of it below… [Email from yesterday…] INDP is a small-cap, NYC-based biotech company has been ripping higher this year. As of the close Friday, it’s up a whopping 62% year-to-date and has tested highs of as much as 164% as recently as September. This is remarkable among early-stage biotech companies, which often see steady declines buoyed only by great news. This speaks to the strong standing of INDP and investors’ confidence in its potentially breakthrough therapeutics. More on that later, but first, let me tell you why this stock has caught my attention right now. Headline describing technical reasons we see a breakout in INDP Apart from a few minor upswings, INDP has dipped from its September highs. But that all changed last week. On Monday, the stock opened at $2.05, but by the close Friday, it had reached $2.50 — an incredible move more than 20% higher in just 5 days. For comparison, the SPY had one of its best moves in ages, and it “only” gained a little more than 5% on the week. These are the types of outsized moves I’m looking for. The question is: Will INDP’s run continue? We can’t know for sure, of course, but we can take a very educated guess. Judging from what I see right now, I think last week’s 20% gain could just be the tip of the iceberg. Normally, I would think this type of move in one week would be the “top” for a stock, but as I look at multiple timeframes, I am seeing lots of “GO” indicators from the algorithms I follow. When I see good news for a small stock along with these types of technical indicators, I start to get on high alert.  All of this bodes very well, but you should still look at what’s powered INDP’s explosive growth not only this week, but also over the past year. Great News About the Company’s Lead Candidate The big impetus for INDP’s 2023 rise appears to be the [start of a Phase 1 clinical trial]( for its lead candidate, Decoy20, in December 2022, and the first patient dosing in March 2023. The company had been sitting on dozens of issued or granted patents based on tech developed by Indaptus founder and chief scientific officer, Dr. Michael Newman, at Indaptus’ predecessor company, Decoy Biosystems. The rubber finally met the road in 2023, though, and investors are clearly liking what they’re seeing. I looked into Decoy20 and found it unusually interesting, and it’s easy to see why investors see such promise in it. Decoy20 was inspired by the observation that tumors sometimes regress in the presence of a bacterial infection. The theory is that the infection may activate the immune system in a way the cancer doesn’t. But you obviously don’t want to infect cancer patients with bacteria that could cause them sustained sickness. Enter Decoy20. It contains “proprietary, attenuated and killed non-pathogenic gram-negative bacteria that have demonstrated broad anti-tumor and anti-viral activity.” In layman’s speak, Decoy20 is a weakened bacteria that INDP theorizes will broadly activate the immune system while passing quickly from the system without making the patient too sick. Theoretical immune reaction from Decoy20. Source: [Indaptus website](. To date — and it’s still in the very early stages — the Phase 1 trial has borne that out. Just last Tuesday, the company released interim data from the first group of patients to receive Decoy20. According to a company [press release]( The interim data . . . demonstrated that as of August 31, 2023, each of the first cohort participants experienced transient activation of biomarkers associated with innate and/or adaptive immune responses, and generally expected transient adverse events, both associated with predicted rapid clearance of Decoy20. That last part is important because the idea is for Decoy20 to be in and out — to cause a sustained immune response but not a sustained bacterial infection. This lends weight to what has until now just been theory. The company presented the data to the Society for Immunotherapy of Cancer just this past Saturday. You can read more about it [here](. This was the first big news INDP had since September, and it was certainly a blockbuster capable of powering last week’s rally. If Decoy20 works the way the company thinks it will, it could be a game changer for a whole host of cancer treatments. The potential is tremendous, and I’m not the only one who sees it… Where Does INDP Go from Here? One great indicator of the promise in these early-stage biotechs is what company insiders are up to. This year, there have been [no sales of stock]( by company insiders. That’s exactly what we look for. At the same time, on August 17, insider Glen R. Anderson — who was already a 10% owner in the company — [loaded up]( on 103,352 more shares at an average price of $2.09 for a total spend of $216,388. That’s nothing to sneeze at for a company with a market cap of $20 million, and shows considerable insider confidence. It looks like investment bank H.C. Wainwright is extremely bullish on INDP as well. They just reiterated their 12-month price target of $12.00 on Friday, following the positive Phase 1 trial news. If they are right, that would be an eye-popping 380% gain from the Friday close. Wrapping Up Companies like INDP are real gems in otherwise uncertain markets. Their stock prices aren’t as tethered to broader market forces as your S&P 500 bigwigs. The important thing is results: strong news about trial success can propel the stock much higher than any Fed pronouncement. That’s why I think this is the one stock that deserves your eyes 👀 today… Take a close look at the technical indicators I mentioned, study the broader chart, and review the [company website](. The bottom line is to do your homework. I really like INDP, and I think it merits your attention, but your assessment and your risk tolerance may differ from mine. I’ve been right on more of these “Bright Ideas 💡” than I can count, but I’ve been wrong on some too — usually due to timing. I’ll touch base with any updates, but in the meantime, have a great trading week. It’s sure to be a wild one. To Your Success, By the way…Text “RAGE” to 1-(888) 404-5747 to get all of my latest HOT STOCK ideas delivered right to your phone (make sure you put the 1 in!). *This investment involves substantial risk. Please see full disclosure below, and detailed discussion of risks and atypical results. Questions or concerns about our products? Email Support@ragingbull.com © Copyright 2022, RagingBull DISCLAIMER: *PAID ADVERTISEMENT. Raging Bull has currently been paid fifteen thousand dollars from Sica Media who was compensated by a third party not affiliated with the Company for advertising Indaptus Therapeutics, Inc. from a period beginning on November 6 through November 7, 2023. The third party, Company, or their affiliates may own and likely wish to liquidate shares of the Company at or near the time you receive this advertisement, which has the potential to hurt share prices. This advertisement and other marketing efforts, including alerts, may increase investor and market awareness, which may result in an increased number of shareholders owning and trading the securities of Indaptus Therapeutics, Inc., increased trading volume, and possibly an increased share price of Indaptus Therapeutics, Inc.’s securities, which may or may not be temporary and decrease once the marketing arrangement has ended. As a result of this advertisement and other marketing efforts, Raging Bull may receive advertising revenue from new advertisers and collect email addresses from readers that it may be able to monetize. As of the date of the issuance of this advertisement, the owners of Raging Bull do not hold a position in Indaptus Therapeutics, Inc., though they reserve the right to buy or sell shares in the covered company at any time following the dissemination of this communication. FOR COMMERCIAL AND INFORMATIONAL PURPOSES ONLY; NOT INVESTMENT ADVICE. This advertisement is for commercial and informational purposes only. A portion of our business is engaged in the promotion, marketing, and advertising of companies including public companies. A portion of Raging Bull’s business model is to receive financial compensation to promote public companies, conduct investor relations advertising and marketing, and publicly disseminate information regarding public companies through our websites email, SMS, and push notifications among other methods of communication. This compensation is a major conflict of interest in our ability to provide unbiased reporting. Therefore, this communication should be viewed as a commercial advertisement only. Note, we periodically conduct interviews and issue stock alerts that we are not compensated for. These are purely for the purpose of company awareness, and to generate subscription revenues. We have not investigated the background of the hiring third party or parties. All material information contained in this advertisement is based on information generally available to the public, including information released to the public or filed by the Company with applicable regulators which public information is believed to be reliable and accurate. Nevertheless, Raging Bull cannot guarantee the accuracy or completeness of the information. This advertisement does not purport to be a complete analysis of any company’s financial position. This advertisement or any statements made in it is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular individual. The statements made in this advertisement should NOT be relied upon for purposes of investing in the companies mentioned in this advertisement, nor should they be construed as a personalized recommendation to you to buy, sell, or hold any position in any security mentioned in this advertisement or in any other security or strategy. It is strongly recommended that you consult a licensed or registered professional before making any investment decision. SUBSTANTIAL RISK INVOLVED. Any individual who chooses to invest in any securities of the companies mentioned in this advertisement should do so with caution. Investing or transacting in any securities involves substantial risk; you may lose some, all, or possibly more than your original investment. Readers of this advertisement bear responsibility for their own investment research and decisions and should use information from this advertisement only as a starting point for doing additional independent research in order to allow individuals to form their own opinion regarding investments. It is easy to lose money investing or trading, and we recommend always seeking individual advice from a licensed or registered professional and educating yourself as much as possible before considering any investments. Never invest in any stock featured in this advertisement, on our site or emails unless you can afford to lose your entire investment. NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Raging Bull, or any of their owners, employees or independent contractors is not currently 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. USE OF FORWARD-LOOKING STATEMENTS. Our advertisements including this advertisement and related emails, reports and alerts may contain forward-looking statements, which are not guaranteed to materialize due to a variety of factors. We do not guarantee the timeliness, accuracy, or completeness of the information in this advertisement, related emails, reports or alerts or on our website or media webpage. This information is believed to be accurate and correct but has not been independently verified and is not guaranteed to be correct. Certain statements made in this advertisement may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. Forward-looking statements often include words such as “believes,” “anticipates,” “estimates,” “expects,” “projects,” “intends,” or other similar expressions of future performance or conduct. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made and are not statements of historical fact. They involve many risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. There is no guarantee that past performance will be indicative of future results. Raging Bull does not undertake an obligation to update forward-looking statements in light of new information or future events. Readers can and should review all public SEC filings made by the companies profiled in the Advertisements at https:// www .sec .gov/edgar/searchedgar/company search TRADEMARKS. All trademarks used in this advertisement are the property of their respective trademark holders and no endorsement by such owners of the contents of the advertisement is made or implied. WE MAY HOLD SECURITIES DISCUSSED. 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. Update your email preferences or unsubscribe [here]( © 2023 Bright Ideas newsletter 62 Calef Hwy. #233 lee, NH 03861, United States of America

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