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Good evening,

Lots to cover, let’s get started. 

360 WALL ST chat room

Make a note. Options training Tuesday at 1P ET in 360 WALL ST chat room with Jason Bond & Jeff Bishop.

New 2023 offering. The Better Trader Challenge. If you’re looking to get rich quickly, DO NOT inquire. However, if you’re willing to work hard at your trading, call and / or email Drew Maddock (443) 218-2831 drew@ragingbull.com or Jeff Brown (443) 870-4406 jbrown@ragingbull.com for details. Learn directly from Jason Bond. 1 year minimum commitment. Trade journal required. 

 

Active services I offer:

Lightning Alertsdaily small-cap stock swing trade alerts by APP and email before I buy and sell. MOST POPULAR SERVICE 10-YEARS RUNNING

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WALL ST BOOKIEdaily high probability bull put and bear call options spreads swing trade alerts by APP and email before I enter and exit. PROFESSIONAL TRADING STRATEGY

trade now button

 

Less active strategies I trade, alert, and teach:

Daily Strike → one stock, once daily! Favorite small-cap day trade alert at the market open by APP and email before I buy and sell. VOLATILE SCALPS

Monday Movers → weekend small-cap stock swing trade trade alerts by APP and email before I buy and sell. EXCITING WEEKEND STRATEGY

 

→ NEW! No-cost. 

Weekly Watchlist notice: effective Monday morning you will find the Weekly Watchlist on the RagingBull APP. To get real-time alerts during market hours on the stocks listed below, via the RagingBull APP, follow these instructions. In a nutshell, when buy zones trigger, you will get an alert. Learn more

The trade plan on ARDX is that it’s in play above $2, with breakout potential above the recent high of $2.44 from the premarket earlier this week. Offering potential is medium based on Dilution Tracker and given the recent form 4 of insider buying over $1M at $1.77 average, I suspect it runs above $2.50 first before we see dilution, if at all. 

RLX is an ascending triangle that has a good chance of moving to $2. It’s bigger than a small-cap by about $600M so a small mid-cap and for $2B companies I like to go for 5-10%. So that means in above $1.80, out in the upper $1.90’s. Very liquid and more stable than a nano-cap so for me, I often go big on trades like this. 

SIEN worked for us last week going from $.25 – $.35 and this week I think it has a good chance of going from $.30 – $.40. It’s a $25M company so it wouldn’t be abnormal to see a 20-30% move in a few days if it rallies. The news from Saudi Arabia is an ongoing catalyst I think could lead to more news. 

YTRA had good news and is pressuring multi-year resistance in the $3 dollar range. I think this is a very good micro-cap and happens to be around a $100M market cap which as you know is my favorite. For me this is in play above $2.50 and the goal here is upper $3’s, though my normal 5-20% would apply. 

DPRO is building really nicely in and around $.80 for what I think will be a move above $1. The goal here is to trade this if it holds $.80 which should be the base and take it off on an upper $.90’s. 

PXMD has a float less than 1M and a history of some juicy moves. Recent IPO so there’s that, however, it’s held up pretty well on what is $61M in liquidity today. If $2 holds and it starts to move, short interest that would have built today into the spike could trigger a rocket. 

Finally, as you know, I’m position trading about 14.7M shares of LQMT which has a material update. Inventor Joseph. W. Stevick (Apple, Crucible Intellectual Property (also Apple), Liquidmetal patents) publication date Nov. 17, 2022 AMORPHOUS METAL RIVET SYSTEMS. Remember, the billionaire investment analyst Kenneth Fisher, of Fisher Investments, continues to hold a position in LQMT. What is a position trade? A position trader buys an investment for the long term in the expectation that it will appreciate in value. This type of trader is less concerned with short-term fluctuations in price and the news of the day unless they alter the trader’s long term view of the position. From time to time I will adjust my portfolio allocation to work on my average. 

→ Love explosive call and put options too? Try Bullseye Trades UNLIMITED for maximum live trading, idea generation, alerts from my trading coach, Jeff Bishop

Active services I offer:

Lightning Alertsdaily small-cap stock swing trade alerts by APP and email before I buy and sell. MOST POPULAR SERVICE 10-YEARS RUNNING

ratingSubscribe

WALL ST BOOKIEdaily high probability bull put and bear call options spreads swing trade alerts by APP and email before I enter and exit. PROFESSIONAL TRADING STRATEGY

trade now button

 

Less active strategies I trade, alert, and teach:

Daily Strike → one stock, once daily! Favorite small-cap day trade alert at the market open by APP and email before I buy and sell. VOLATILE SCALPS

Monday Movers → weekend small-cap stock swing trade trade alerts by APP and email before I buy and sell. EXCITING WEEKEND STRATEGY

 

jason bond

Author:
Jason Bond

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