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Winning Stocks of the Week May 29 - June 2, 2023

We have posted the winning stocks of the week for May 29 - June 2! Robert Knight, Head Trader at Turbo Trading, posted annotated stock charts for $AYX, $CC, $CHWY, $IOT, $PSTG, $RIOT, and $UCAR. Turbo Trading Day and Swing Traders can watch live trades and receive the Stocks to Watch Report and Swing Trade Alerts. Order your free 1-week trial.


Robert Knight's Analysis of the Stock $AI on May 30, 2023

$AI
$AI - Several strong trades for us today. The 1st we took a $38 entry and traded through our targets to $451 for a solid win. Here is what I said this morning: AI - Continues to surge in sympathy with NVDA. Trades to $37.75. Now $36.90. Support $36 and $35.50. Targets $38 and $39.50

Robert Knight's Analysis of the Stock $RIOT on May 30, 2023

$riot
$RIOT - Bitcoin stocks were strong this morning. We took a $11.85 entry at the opening and traded the stock near our target of $13. Here is what I said this morning: RIOT - Gaps up trades to $11.78. Now $11.64. Support $11.50. Targets $12.35 and $13.

Robert Knight's Analysis of the Stock $AYX on June 1, 2023

$AYX
$AYX - 1st pull back entry at $41.75 gave us a trade almost to our target. here is what I said this morning: AYX - Surges on low volume over $40.50 to $41.35. Now $40.94. Support $40.50. Targets $42 and $44.50.

Robert Knight's Analysis of the Stock $CHWY on June 1, 2023

$CHWY
$CHWY - Had to be quick to catch the $35.50 entry level (break out). Stock traded through our target for a $2 win. here is what I said this morning: CHWY - Strong follow through on earnings. Trades to $35.38. Now $35.10. Support $34.75 and $34.30. Targets $35.85 and $36.50.

Robert Knight's Analysis of the Stock $PSTG on June 1, 2023

$PSTG
$PSTG - A $31.15 entry gave us a nice $3+ move. here is what I said this morning - PSTG - Surges overnight to $31.60. Now $30.69. Support $30. Targets $31.80 and $32.50. 280mm share float 2.8% short.

Robert Knight's Analysis of the Stock $UCAR on June 1, 2023

$UCAR
$UCAR - After the initial pull back the stock popped out a descending triangle giving us a $5.25 entry. Stock moves $4+ for a solid win for members. Here is what I said this morning: UCAR - Surging on corporate news. Trades to $5.50. Now $5.14. Support $5 and $4.75. Targets $5.50 and $6. 14.3mm share float. 3.4% short

Robert Knight's Analysis of the Stock $CC on June 2, 2023

$CC
$CC - Stock stair stepped its way from $31.50 entry to $34.25 for solid win. Here is what I said this morning: CC - Up on corporate news trades to $31.48. Now $31.42. Support $31 and $30. Targets $32.65 and $33.


Robert Knight's Analysis of the Stock $IOT on June 2, 2023

$IOT
$IOT - A $23.15 entry this morning gave a nice trade to $25+ Here is what I said this morning: IOT - Pops on low volume. Trades to $22.39. Now $22.24. Support $22 and $21.50.Resistance $22.70. Targets $23.60 and $25.40


Robert Knight's Analysis of the Stock $UCAR on June 2, 2023

$UCAR
$UCAR - Chat room pump held support at $11.65. We took a $12.15 entry and traded the stock through our targets to $15. Volatile trade, not for the faint of heart. Here is what I said this morning: UCAR - Strong move overnight trades to $15.19. Now $12.90. Now in a down trending channel. Support $11.50 and $11. Targets $13.50 and $14.60.


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