Thursday, July 28, 2016
Joined Jan 27, 2008
6,538 Blog Posts

$GPRO: Trade Detail

gopro

We came into the day looking for an entry in $GPRO off a decent earnings report and favorable technicals. In the chat room, inside Exodus, we placed a buy order just under $12, as the short term moving average, 9MA, was holding price put. Rather than buy the opening range break, which most day traders look for, we anticipated the break. Here’s a look at the intraday chart, with our trade detail:

Screen Shot 2016-07-28 at 11.04.27 AM__

Currently, the stock is running, up over +14% the day, and we still have a full position on. If you are interested in learning how to trade similar setups, come check us out in the chat room HERE.

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Two Stocks To Watch On Thursday

eazy-e

Here are two names, straight from my favorite Exodus screen, that need to be monitored right here, right now. The first is $GPRO which just reported, in my opinion, some decent numbers. On a gap higher, I will be looking to trade a break of the opening range. The daily chart, and the 30 min chart look ripe for upside here:

Screen Shot 2016-07-27 at 9.05.29 PM

Second, is a name I highlighted in my earlier post, $LIFE. This name is thin, so be careful, but the risk/reward is there. Inside the chat, I gave an alert to watch for a break above 3.05. Near the close buyers stepped in and bought this name up. Keep an eye on it here. Why? Because, the hybrid score says so:

Screen Shot 2016-07-27 at 8.59.34 PM

Note: The two setups above are the type of setups we look to trade inside the Exodus chat room. Wednesday’s top movers within the Exodus algorithm can be found HERE. Find your favorite setup and come trade with us in the chat.

EXODUS CHAT ROOM (BOOKMARK LINK)

More info HERE.

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INSIDE EXODUS: Hybrid Movers & Shakers

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Here are a few tickers worth watching, all of which come straight from our hybrid screen inside Exodus. Meaning, the following names have had a change greater than 25% in their respective hybrid score. What is the hybrid screen? (HYBRID SCORE)

Today’s full screen has been imported to finviz for your viewing pleasure: CLICK HERE.

Charts on watch inside our trading chat room, include:

ibn gelg twlo yndx mon shop jcom life

 

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Gene Munster Says Apple Could Be Looking At Telsa or Netflix

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Netflix, symbol NFLX, is trading higher this morning on news that Director, Jay Hoag, purchased 600,000 shares of $NFLX for a whopping 52 million. Separately, Chief Executive Reed Hastings disclosed late Monday that he exercised options to buy 116,431 shares of Netflix.

Couple that in with Gene Munster comments on Bloomberg this morning, and you have $NFLX trading as high as $92 this morning.

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Still Bullish On Gold

morgan-stanley-gives-four-reasons-to-be-bullish-on-gold

In our short survey last week, 67% of you said you were buyers of Gold at these levels. I, myself, took profits on my gold short today, selling my last bit of $JDST for a cool 27% (in a matter of days). Gold is just one isis attack away from a huge breakout, and I don’t care to overstay my welcome.

Here were the results to last week’s poll:

Screen Shot 2016-07-25 at 8.26.47 PM__

Note: Over the next hour or so I will be in the Exodus chat room throwing up screens and names to watch this week. Remember, big earnings week ahead– take note.

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