Buy these airline stocks today? 6-5-20 AAL Explodes 40 Percent Gains

Buy these airline stocks today? 6-5-20 AAL Explodes 40 Percent Gains

How we set up a big pay day... The most exciting comments or emails I get are from members of the community who are seeing massive wins.

This week we've traded some lower priced stocks that generated 10% move and more! (PENN + CAR) 

Each trade had it's own unique setup that began with what I call "the right price."

The right price is when a stock appears stuck. It's in a range and can't get out. 

When this happens it's our job to set trading alerts to give us a signal when the "right price" has changed.

Then we assess the profit potential.

Today we do a detailed review in three stocks discussing the price and reward potential.

We show the exact charts used to identify our profit targets. We discuss WHY those levels were targets, and then WHY the trade was no longer a good idea.

BUT...

We then created a plan for the next anticipated trade idea for that same stock. And yesterday two of them gave us a big pay day.

Take notes on this video, it's a good lesson in maximizing your profits and avoiding the low probability trades.

Trading Game Plan 6-5-20

Watch: Best Stock Picks Today

Airline stocks have come out of hibernation.

Yesterday AAL American Airlines stock exploded for a 41% gain.

The top question for the past week is "Is now a good time to buy?" I review the major airlines and give my strategy for each one.

Finally!

A decline in a strong stock. BJ, DOCU and CCI have expanded the distance between a potential entry and a new profit target. CCI has the most obvious entry to buy the stock.

PENN, ERI and PLAY all showed signs of smart money buying, I review the next for each stock as well.

OSTK has a bullish setup but limited further profit potential. Make sure you watch this part of the video so you can avoid these setups in the future.

I still have the financial stocks on my radar.

They seem to be inconsistent from one day to the next, but they cleared some nice levels so a swing trade is in order soon. I give the price action I'm looking for.

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Have an awesome weekend.
Be safe.
Pete

Pete Renzulli
 

Click Here to Leave a Comment Below 1 comments
Leeanne Sermersheim - October 4, 2020

I was recommended this blog by my cousin. I am not sure whether this post is written by him as nobody else know such detailed about my trouble. You’re wonderful! Thanks!

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