Hi everyone, I hope you all were able to enjoy a happy and safe Thanksgiving. It was another great week for this newsletter, and I truly appreciate you all for taking the time to read it.
The set ups for this week worked out beautifully. Other than Monday, it was a fairly boring week with low volume, so I hope everyone practiced discipline and patience! This week’s set ups turned into some nice winners on $AAPL $DKNG and $FB, a couple missed opportunities on $SPCE and $TSLA…but no losses!
One of the most important developments of this week was that $ES_F and $NQ_F have flashed bullish signals and appear to be setting up for a huge run to end the year. If you missed it, make sure to check out the 11/24 update for more details!
$AAPL: Passed on Monday’s set up, but got in on Tuesday for a nice 4.33% run from the buy zone
$DKNG: Monday’s entry (signaled on twitter) gave an initial pop, but saw a lower low on Tuesday. However, Tuesdays low ended up holding and $DKNG rallied for a 12.8% gain from Monday’s entry point.
$FB: A little slow out of the gate, but still a nice 2.3% move from the buy zone
$SPCE: Gapped over my entry zone, so unfortunately I missed this play… but if you managed to find an entry, you caught a massive 25% move, congrats!
$TSLA: Tesla also gapped above my entry target of $481, so this goes down as another missed set up. If you got in Friday, you would have caught 22%!
Congrats on another great week, and thanks for reading! I will post Monday’s set ups soon. Have an awesome weekend everyone!
Make sure to follow my twitter @rbc_trading for live updates! Remember, don’t force any trades, let the set ups come to you! If the set up does not develop, don’t chase… That is a sure fire way to lose money. There will always be another set up right around the corner!
Lastly, I provide this information at no cost… but if you feel so inclined, I appreciate donations of any size (click here)… If you find my set ups helpful and would like to make a donation of any amount, it would absolutely make my day. Thank you.
Happy Trading Everyone!
*DISCLAIMER: Not financial advice. I am not a certified financial advisor. The ideas shown in this newsletter are representative of my personal opinions and should not be interpreted as a buy or sell signal. Always do your own proper research and understand the risk before making an investment*