“Pullbacks can be lucrative when you know when to get in and out of a stock.”
Editor’s Note: 2025 is almost here, and we’re in the midst of major shifts in certain sectors of the market.
But don’t worry – our Lead Technical Tactician Nate Bear has you covered.
Nate is going LIVE on Wednesday, Dec. 4 to walk you through how to trade this latest sector rotation.
He’s calling it “Sector Strike,” and during this free presentation you’ll learn which sectors to move out of and which ones to target for your trades.
Click here to learn more about Nate’s FREE Sector Strike event.
– Ryan Fitzwater, Publisher
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Last week War Room members took profits on Wolfspeed (WOLF).
And this week – they had a chance for another winner.
I had mentioned waiting for a pullback and another bounce on support in the watchlist last week. The goal was to buy WOLF around $5 as it was nearing support at $6.
And on Monday, we got that bounce off support.
As you’ll see in the chart above, WOLF was screaming upward to start the trading week. The stock was up 16.82% on Monday.
This is why waiting for pullbacks to hit certain support levels can be lucrative.
It gives traders the chance to take multiple winners on the same stock like we did with WOLF. Imagine how much these trades can add up to when you’re making them multiple times per week.
And recently, WOLF saw more insider buying – with Independent Director Darren Jackson recently buying $250,000 worth of stock, paying US $6.76 for each share.
So there’s signs of real optimism surrounding the company.
Action Plan: Insider buying and pullbacks are a great way to trade multiple potential winners on a stock.
Imagine how much these trades can add up to when you’re making them multiple times per week like we do in The War Room. If you want to see exactly how I get in and out of plays like WOLF, I invite you to join today.
P.S. My colleague Nate Bear is about to reveal a brand new trading strategy next week to take advantage of the upcoming major changes in the market heading into 2025.
Click here to join his live event for FREE next week. You won’t want to miss this one.
