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Today’s sponsor

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Jason Bond here.

Monday my scanner identified COST as overbought.

So I went short in the $2,000 Small Account Journey.

The stock was at $681 when I entered. 

A bear call can win in 3 ways.

  1. COST can go slightly higher to $685

  2. COST can so sideways

  3. COST can go lower

COST went lower overnight.

So I alerted subscribers of my exit plans. 

Subscriber feedback in the chat room.

The win helped me grow my $2,000 balance over $6,500. 

Or up 227% in about a month.

Results aren’t typical. Trading is hard. Nothing is guaranteed. 

I want to point out that I cannot speak for my members’ performance, as results may not be typical and trading is HARD. And I cannot guarantee you will make money. But what I can guarantee is that I will work my BUTT OFF to teach you WHY I trade WHAT I trade.

So let me teach. 

Do you see how COST is trading at the Keltner Channel +5 ATR (Average True Range) with an RSI in the 80’s?

This is an extremely overbought situation and suggests the stock’s advance will stall or fall. 

A bear call wins if the stock goes slightly higher but below $685, sideways, or lower. 

It went lower.

These are the strategies I teach in the $2,000 Small Account Journey.

Ready to start your Journey? 

Cheers,

Jason Bond

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