Editor’s Note: Jeff Bishop sent this email to his Bullseye Trades subscribers on Monday.
🚀It’s an exciting day as I reveal a new program called “Rocket Trades” today! Join me in the Shooting Gallery today @ 11am EST to learn all about it, and how I am laser-focused on finding 100% winners in this environment.
This is open to everyone today, and you will get to chat with other Bullseye members and see some exclusive traders in that room. It will be a full crowd, so don’t be late!
Last week, I thought it was time again to bet against the markets. I was right on the call, and the stock I picked (V) had decent potential, but not as much as I was hoping for.
I ended up taking a small profit early in the week when the stock had a tough time breaking the $220 level. I am never upset with even a small profit (especially when so many other people were losing last week!), but as I said, I am always looking for a bigger win.
This week, I think we are on the path to a rebound week. That means I want to go long on stocks. If you have been following my training sessions at all, you know I love going after recent earnings winners when it comes to which stocks I will target.
In my sights, this week is a stock that recently had blowout earnings, even while most tech companies are slashing earnings estimates and cutting staff– MNDY is a standout and delivered impressive sales numbers and future estimates too.
I love this chart pattern right now as well, and it is important that you join my live session @ 11am EST today to talk all about it.
Please note: There are two different rooms where I will be streaming live today:
👉 Bullseye Live can access the Bullseye Live room HERE.
👉 Bullseye Unlimited (BU) members, you’ll want to join me in The Shooting Gallery, where not only will you have access to chat during the live Bullseye session, but you’ll be able to catch the FULL HOUR of my Monday live trading session… PLUS, you’ll have access to my top 3 ideas each day PLUS any new trades I make during the week LIVE.
If you’re not in BU, then it is time to upgrade your membership to “Bullseye Unlimited.” Just call 800-585-4488 or email Jeff Brown (jbrown@ragingbull.com), and we will get you taken care of today. 📈
📱 By the way, if you are not getting my real-time alerts when I am ready to make trades – Get the app on your phone! 📱
I always send out my trade alerts via our mobile app. It’s crucial that you download it and enable alerts so you can stay up-to-date on what is going on with my trades.
So, to reiterate – make sure you download the app right now!
Subscribers receive alerts on trades, webinars, and events.
Fueled by back-to-back strong earning results in the last two quarters, MNDY has been quietly becoming one of the top-performing stocks in the market over the last few months, as it has gained over 100% from the November lows.
MNDY just had a $20 pullback from the highs reached after the last earnings report. I am using that as an opportunity to enter the trade at a great price.
If I am wrong, I will use the recent lows around $145 as my stop if the stock closes below that level.
If things go my way, I think we will see MNDY trade up to $165 and possibly even $180 as my two upside targets.
My Trade Details:
- MNDY Mar 17 2023 160 Call near $7
- Stop: Close below $145
- Target 1: $165
- Target 2: $180
