Robert Knight, Head Trader at Turbo Trading, made a number of winning stock market calls the week of July 11-15. The charts below are for $C, $GOEV, $GOSS, $INMD, $KSPN, $RYTM, $TH and $USEA. Want to join the Turbo Trading Community? Get a free 1-week trial.
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$TH - You had to be quick to catch it but a $10 entry first thing in the morning gave a nice $1+ move. Here is what I said last night - TH: Strong follow through from Friday trading to $9.41. Now $9.10. Support $9. Targets $9.40 and $10.
$KSPN - Huge winner from our watch list as the stock gave us a $6.50 entry and traded to $10.16 for a 56% gain. Here is what I said last night: KSPN: Ultra low float stock (1.2mm shares) surged today trading to $7.41. Now $6.32. Support $6. Targets $7 and $7.40.
$INMD - Strong surge at the opening but we didn't chase. It broke out of the wedge at $27.60 entry. $2 for a solid trade through our targets. Here is what I said last night: INMD surged premarket & ramped up to $28.48. It closed at $26.73. Support $26.60. Targets $27.50 & $28.50
$RYTM - We took advantage of the pull back at $6.50 trading the stock through our targets to $8+. Here is what I said last night: RYTM: Large float stock (50mm shares) surged today trading to $6.88 on drug news. Closed $6.32. Support $6.25 and $6. Targets $6.85 and $7.25.
$GOEV popped premarket and pulled back at the opening. But when it popped out of the wedge pattern it gave us a $3.80 entry. Tags our 1st target. Here is what I said this morning: GOEV - Pops trades to $4.14. Now $3.98. Support $3.50. Targets $4.65 and $5
$GOSS Strong follow thru from yesterday with a $9.50 entry this morning. Stock traded through our targets to $10.75. Here is what I said last night: GOSS Stock gapped up after a 5 day sell off. It traded to $9.70 and closed at $9.50. Support $9.35 and $8.90. Targets $10 & $10.25
$C - Strong move on earnings. With a 1st pull back entry at $46.50 stock traded through our targets to $49 for a $2.50/share gain. Here is what I said this morning: C - spiking on earnings. Trades to $46.68. Now $46.59. Support $46. Targets $47.50 and $48.50
$USEA. After an initial spike the stock flagged. We took the trade over $5.25 for $1.50 gain. Here is what I said this morning: USEA - recent spin off has strong reversal trading to $4.94. Now $4.13. Support $3.90. Targets $5 and $6.50. Ultra low float 1.5mm shares.
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