With multiple bullish indicators, here’s a way to trade it that offers nearly 2x to 4x more potential upside than downside.
Trading ChargePoint (NYSE: CHPT) Could Potentially Double Your Money in 6 Weeks
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•It’s my “Option Trade of the Day”.
Pro Traders are Betting MILLIONS on These Stocks… Unusual Options Activity
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•We’ve scanned the market for unusual options activity and identified some of the most interesting mega trades. “Smart Money” traders are betting heavily on Applied Materials (AMAT), Alphabet (GOOGL), AT&T (T) and more.
Upgrades and Downgrades for Thursday, 4/8
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•Here are today’s upgrades and downgrades: L3Harris Technologies, NXP Semiconductors, Unilever, Gogo, U.S. Bancorp, Ventas, Welltower and more.
Look For Sherwin-Williams (NYSE: SHW) to Continue Its Strong Uptrend
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•After some consolidation, it just broke out of a flag pattern and looks ready to move higher.
Trade Clarivate’s (NYSE: CLVT) Drop for a Potential 75% Return in Seven Weeks
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•It has an interesting chart and is trading near a busy point that’s acting as resistance.
How to Sell a Call Option on Micron (MU) for High Income
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•We’re targeting annualized yields of 28.9% to 64.4%.
Upgrades and Downgrades for Wednesday, 4/7
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•Here are today’s upgrades and downgrades: Tractor Supply, Paychex, Casey’s General Stores, ViacomCBS, W.P. Carey, L Brands, Kontoor Brands and more.
DMY Technology Group (NYSE: DMYD) Just Broke Out and Looks Ready for Another Bullish Move
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•Our target potential upside is 16% to 33% in the next 3-6 months.
Trade Colfax (NYSE: CFX) to Potentially Double Your Money by mid-June
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•The stock just hit the lower rail of a trend channel and looks poised to make another move to the upside. Similar November and February lows had jumps in excess of 35%.