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This Week's Deep Currents Stock Watchlist

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theotrade.com

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blakes-retirement-rocket@mail.beehiiv.com

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Mon, Jul 15, 2024 07:53 PM

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July 15, 2024 | Blake Young back with you. It’s the start of a whole new week. I’ve got an

July 15, 2024 | [Read Online]( Blake Young back with you. It’s the start of a whole new week. I’ve got another watchlist of “Retirement Rocket” stocks that look great right now, with double-digit profit potential. Interestingly, as bullish as the market mood is right now, not all of these are swinging to the upside. Vistra Energy (VST) is bearish. It’s broken out of a multi-week consolidation. We’re seeing a break of support and a downside target of $75. There’s an even lower target of $67, for anywhere from 13% to 25% in profit potential for folks who short this one. Coinbase (COIN) has bounced aggressively off its near-term support and is poised to re-test its annual high. With Bitcoin, Ethereum, and other cryptocurrencies on the rise, Coinbase would benefit as money seeks safety in the crypto-sphere. I expect a test of $283 for a 16% target, and a risk of less than $12 for a $43 potential return. Schlumberger (SLB), a big player in the oil patch, has been solidly bearish. But it’s finally broken free after achieving higher highs and higher lows. If oil prices remain high and we can see a break above $50 on SLB, we should see an additional $5 move for 10% or more. Coca Cola (KO) is a name everyone should know… I hope. It’s created an impressive long-term ascending triangle. I’m expecting the pattern to break through 52-week highs and duplicate the triangle’s height. That would give a 5% profit target, but also make a great entry point into a consumer staple stock and decades-long dividend payer. My paid-up Deep Currents subscribers will be getting direct trading instructions on stocks just like this - we’re going after multiples of the significant profit potential I’m looking at on this list. [You can see how you can participate in these right here](. I’ll talk to you later this week. Blake Young TheoTrade [This Is No-Holds-Barred Trading at Its Finest]( Last week’s whipsaw events prove it: A market like this will crush you if you let your guard down. So I’m taking off the gloves, and making one of the most aggressive moves of my 20-plus year trading career. I’m targeting some of the most volatile stocks and massive moves ever for profits like we’ve never seen. Come watch me - TOMORROW, I’ll show you how to do it yourself. [Save the date here…Â]( Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or [investment.T]([rading]( Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past Performance is not necessarily indicative of future results. TheoTrade 16427 N Scottsdale Rd Suite # 410 Scottsdale, Arizona 85254 United States 1 (800) 256-8876 Update your email preferences or unsubscribe [here]( © 2024 Blake's Retirement Rocket PO Box 24790 Christiansted, Virgin Islands 00824, Virgin Islands, U.S. [Terms of Service](

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