Buying New Breakouts + A Bounce Back Setup

The volatility in the markets has been amazing lately.

And right now there’s potential for a big low-to-high move on the SPY.

I also have one trade setup in today’s video for entry on a potential breakout.

Click the image below to learn more.

Understanding Retracement - CISCO

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YOUR ACTION PLAN

Cisco Systems (CSCO) has been holding up great, and right now we’re at a buy zone at the 55 ema. I’m looking for entry with the 5/16 $60 calls and entry around $62. I’ll be targeting $67.50.

CSCO 5/16 $60 calls Entry around $62 stop on close under $60 Target $67.50(Click to enlarge)

If you want more trade ideas like these, I recently unveiled a new strategy that targets triple digit gains. I’m calling it “Aftershocks,” and it’s one of the simplest and most powerful ways to trade earnings beats.

Click here to see how it works.


TESTIMONIAL TUESDAY

“Great Trade! In (MRNA) 2.25, out at 2.95. 30% gain – thank you BB (in less than 1 trading day).” – Katy Tx

“Closed FXI @ 4.15 for 33.27% win (in 32 trading days). Thanks Karim!” – dave1st1ret

“BTO (4) RILY 3/21 $5 calls @ $.85 sold this AM $2.65 212% gain (in 1 trading day) Thanks Nate.” – Geno


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