Newsletter Subject

GKOS Completes Reversal Pattern

From

thetradersplan.com

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support@thetradersplan.com

Sent On

Mon, Apr 12, 2021 01:16 PM

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Hey Traders, The Nasdaq had another decent day on Friday as it inches closer to an all time high. Fu

[Image](?awt_a=5793&awt_l=NRzso&awt_m=3kenbYnEDZkG893) Hey Traders, The Nasdaq had another decent day on Friday as it inches closer to an all time high. Futures are down slightly pre market but not a big deal at the moment. QQQ is down .2% pre market. I will continue to watch the tech stocks as hopefully they continue to push higher. I have been swinging the bat at some more aggressive plays lately and so far they still seem stuck. They just need more time. Fast moving industries (like the stuff I like) can really wear you out and frustrate you. By the time you are over it and ready to move on.....that's normally when they start to pop. Happens all the time:) Glaukos (GKOS) completed a nice weekly reversal pattern last week. The stock is in the medical products industry which is not the strongest at the moment. However, sales growth has accelerated from -46% to 11% the last 3 quarters. [>>SEE GKOS CHART]( This stock made a real nice pop on Thursday...to be conservative I would place a buy stop order at $85.90 if you like the stock. Let it prove itself just a little bit. Another high flying weekly reversal stock is FUBO. This stock has sold off so far from $62 to $20. It popped last Friday on news it locked up a deal for soccer matches for it's streaming services. Fast moving stocks are getting punished and FUBO is definitely one of them. However, if you were looking for a place to swing the bat at a high flier....I think this would be as good as place as any. To be conservative you can always place a buy stop order above Friday's high. On a side note Rada Electronics (RADA) continues to be last week's winner as the stock is up over 8% since I sent it out on Tuesday and up over 1% pre market. [JOIN HERE TO GET THE NEXT ALERT]( Sincerely, Steven Cawiezell support@thetradersplan.com Dislosure You are responsible for your own trading decisions. ALWAYS, do your own research before investing in any of the above securities. This is not a solicitation to buy/sell ETFs or securities. NEVER invest money in ETFs or stocks that you can't afford to lose. You can lose all of your capital by trading any securities mentioned. These ETFs/securities are very volatile and gain and lose value quickly. We reserve the right to freely trade in any mentioned ETFs or securities. We are not compensated by any mentioned companies. We recommend ETFs and securities based on our opinion of intrinsic/possible future value only. We are not registered investment advisors, so always do you own research before buying any recommended securities. 125 Dawn Circle Russellville AR 72802 USA [Unsubscribe]( | [Change Subscriber Options](

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