Great start of the new month by Bulls with impressive FOMO (Fear Of Missing Out) rally.
Many eyes now on the next 200 level and then 200 MA 202.62 zone. Some great trade setups from last blog post ! AMZN great run from that 558 area, giving $20+ point. TSLA pulled a nice 50 MA fade , giving more than $10 point run and JUNO gave a super earning play,red to green move. At this point of the rally hard to chase long in our style of trading. I will be watching mostly for another run up to add few shorts with defined risk/reward, ideally on gap up and fade. Biotech finally catching a bid, so I will be watching few bio names to see if they continue.If you are struggling with your trading or learn how to trade you need to join our 60 day Bootcamp course. Our program is designed in such a way that you come out of it ready to trade live in just 3 months. We teach you everything from risk management to scanning to trading strategies. I also share my profitable intraday trading strategy which will make you money short term regardless of Market condition. The class is one of a kind, see why you should sign up for the course here . You will also have access to a private community where you can ask questions, share charts and talk with the instructors or other traders. You can also check out the testimonials from our students.
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