Capitalizing on a Gift Gap
Editor’s Note: On Wednesday, our Head Trading Tactician Bryan Bottarelli will be revealing his “Gift Gap” strategy in a FREE online training event.
He’ll be going over…
– How to find “Gift Gaps” for big potential gains
– LIVE trade setups on specific tickers
– Any questions you have on “Gift Gaps” so you’re confident in your trading
– Why market volatility is your friend when using this unique strategy
You won’t want to miss this FREE event.
Click here to sign up for free today.
Ryan Fitzwater, Publisher
Yesterday was an amazing example of why I love gift gaps so much.
If you saw in Thursday’s watchlist email, I identified a down gap on Dicks Sporting Goods (DKS).
Here’s a quick rundown of that trade setup…
The Gap Event:
- Date: September 3, 2023 (following Q2 earnings)
- Gap size: From $232 down to $210, a $22 drop (9.48%)
Current Situation:
- Current trading price: $216 and change
- Potential gap fill target: $230
And below you’ll see the chart pattern I saw.
As you’ll see in the chart, this scenario aligned perfectly with my Gift Gap strategy.
We had a clear gap and strong upward momentum.
So I got positioned in The War Room, and looked for a push to fill the gap up to $230.
And on Thursday morning, we got that push…
With little resistance, DKS shot up and filled the gap, moving close to our $230 target.
I closed DKS yesterday for a 78% gain in two trading days.
That’s the power of trading gift gaps.
They present an opportunity to capitalize on the tendency for price gaps to be filled.
Several War Room Members were also positioned on this trade.
Here’s what a few of them had to say…
Since you’re a watchlist subscriber, I must ask you…
Did you profit off this trade as well?
Kudos if you did.
And… if you want more of this gift gap strategy, I have an exciting announcement.
Action Plan: On Wednesday, October 2 at 2 p.m. ET. I’ll be hosting a live training session where I’ll be going over:
– The exact “Gift Gap” strategy I developed on the CBOE to capitalize on market overreactions consistently
– How to turn “painful stock drops” into lucrative trading opportunities
– The secret to finding zero resistance chart patterns that offer potential for a stock to roar upwards
– Any questions you have so you’re confident in your own trading ability
– A live trading opportunity for you (using the same gift gap strategy as I did with DKS)
You won’t want to miss this live demo – and it’s completely FREE.
This gift gap strategy is like handing you trade opportunities to profit off market volatility. It’s why I call it the “Gift Gap.”
And the truth is…
There’s going to be a ton of trading opportunities in the next few months – especially with expected volatility ahead of the 2024 presidential elections.
Just adding this ONE strategy to your investing arsenal could pay off handsomely over the years and decades to come.
If you’re unsure how to make this trade, don’t worry. I’ll walk you through exactly how to trade gift gaps next week – for FREE.
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