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Winning Stocks of the Week October 25-29, 2021

During the week of October 25-29, 2021, Turbo Trading's Head Trader, Robert Knight, MBA, successfully called stocks $ATEN, $BUD, $CARA, $GUSH, $HCWB, $IONQ, $JKS, $LC, $LCID, $LIDR, $MARA, $MQ, $OCGN, $OXY, $PERI, $SPWR, $TRIT, $WOLF, and $XPEV. While successful trades are hard to call Robert Knight has years of experience and skill on his side. This article includes annotated charts and commentary. For more up-to-date stock information, become a member at Turbotrading.biz. Start with our one-week free trial!


Robert Knight, MBA called Stocks $GUSH, $MARA, and $OXY on October 25, 2021


$GUSH - Swing trade GUSH ($74 entry) breaks out to a new 52 week high.  In strong rising channel this morning.  Support $108.  Targets $120 and $125.
$GUSH - Swing trade GUSH ($74 entry) breaks out to a new 52 week high. In strong rising channel this morning. Support $108. Targets $120 and $125.

Watching $MARA and $RIOT - Stronger bitcoin giving strength to the blockchain stocks.  Look to trade both for $1-$2 move from current levels.
Watching $MARA and $RIOT - Stronger bitcoin giving strength to the blockchain stocks. Look to trade both for $1-$2 move from current levels.

$OXY: Oil stock $OXY broke out of a wedge pattern of Friday and traded to $33.98. It closed at $33.93. Watch for momentum over $34 to trade the stock to $35 and $35.50. Oil price dependent for a strong move.
$OXY: Oil stock $OXY broke out of a wedge pattern of Friday and traded to $33.98. It closed at $33.93. Watch for momentum over $34 to trade the stock to $35 and $35.50. Oil price dependent for a strong move.


Robert Knight, MBA called Stocks $LIDR, $OCGN, $PERI, and $XPEV on October 26, 2021



$LIDR - Former SPAC got whacked and double bottoms at $4.  Yesterday it surged to $6.84.  Now $5.53.  Support $5.  Targets $6 and $6.50.
$LIDR - Former SPAC got whacked and double bottoms at $4. Yesterday it surged to $6.84. Now $5.53. Support $5. Targets $6 and $6.50.

$OCGN - Stock surges to $12.97 after hours.  Now $11.54.  Support $11.  Targets $12.35 and $13.
$OCGN - Stock surges to $12.97 after hours. Now $11.54. Support $11. Targets $12.35 and $13.

 $PERI - Stock surges off flag pattern and trades to $25.61.  Now $25.40.  Support $25 and $24.50.  Targets $26.50 and $27.50.
$PERI - Stock surges off flag pattern and trades to $25.61. Now $25.40. Support $25 and $24.50. Targets $26.50 and $27.50.

$XPEV: Swing trade XPEV ($46.50 entry) broke out of flag pattern and traded to $48.42 today. It closed at $48.05. Support $48 and $47.75. Targets $49.50 and $51.
$XPEV: Swing trade XPEV ($46.50 entry) broke out of flag pattern and traded to $48.42 today. It closed at $48.05. Support $48 and $47.75. Targets $49.50 and $51.



Robert Knight, MBA called Stocks $JKS, $MQ and $SPWR on October 27, 2021


 Watching $JKS - Support $54.50.  Targets $57.50 and $58.50
Watching $JKS - Support $54.50. Targets $57.50 and $58.50


$MQ: Stock broke out through key resistance at $30 today. It traded to new ATH at $35. It closed at $33.20. Support $33 and $31.65. Over $34 trade to $35 maybe $36
$MQ: Stock broke out through key resistance at $30 today. It traded to new ATH at $35. It closed at $33.20. Support $33 and $31.65. Over $34 trade to $35 maybe $36

$SPWR - Stock in strong rising channel trades to $31.60.  Now $31.46.  Support $30.50 and $30.  Targets $33 and $34.
$SPWR - Stock in strong rising channel trades to $31.60. Now $31.46. Support $30.50 and $30. Targets $33 and $34.



Robert Knight, MBA called Stocks $BUD, $CARA, $HCWB, $IONQ, $TRIT, and $WOLF on October 28, 2021



Watching $BUD - strong move on earnings.  But normally a small range trader.  Support $61.  Targets $65 and $66.
Watching $BUD - strong move on earnings. But normally a small range trader. Support $61. Targets $65 and $66.




$CARA: 6 month reverse head and shoulder basing pattern has developed. The stock surged out through lateral resistance and traded to $16.65. It closed at $16.20. Support at $16. The stock needs to get over $16.25 with momentum. It will have resistance at today's high. But over that look for trades to $17 and $18.
$CARA: 6 month reverse head and shoulder basing pattern has developed. The stock surged out through lateral resistance and traded to $16.65. It closed at $16.20. Support at $16. The stock needs to get over $16.25 with momentum. It will have resistance at today's high. But over that look for trades to $17 and $18.


$HCWB -Recent new issue, stock spikes to $8.74. But now $5 and in down trending channel. 12.4mm share float. Support $4.75. Trade back to $6 and $7.
$HCWB -Recent new issue, stock spikes to $8.74. But now $5 and in down trending channel. 12.4mm share float. Support $4.75. Trade back to $6 and $7.


 $IONQ: A SPAC that sold off sharply after announcing its deal. It traded down to $7at the beginning of the month. It then recovered as quickly as it sold off. The last 3 days the stock has surged. Today it traded to $12.85, in effect double topping. It closed at $12.43. It needs to get through $13. Trade to $14 and $15.
$IONQ: A SPAC that sold off sharply after announcing its deal. It traded down to $7at the beginning of the month. It then recovered as quickly as it sold off. The last 3 days the stock has surged. Today it traded to $12.85, in effect double topping. It closed at $12.43. It needs to get through $13. Trade to $14 and $15.

$TRIT - Stock spikes to $9.36.  Now $7.49.  Support $7 and $6.75.  Targets.  Trade back to $8 and $9.  Former SPAC.  23mm share float.
$TRIT - Stock spikes to $9.36. Now $7.49. Support $7 and $6.75. Targets. Trade back to $8 and $9. Former SPAC. 23mm share float.

$WOLF - stock is surging from $91 to $108.50 now. $115 and $118 targets
$WOLF - stock is surging from $91 to $108.50 now. $115 and $118 targets

Robert Knight, MBA called Stocks $ATEN, $LC, and $LCID on October 29, 2021



$ATEN - Normally low range, low volume trader pops overnight to $16. Now $15.47. Support $15 and $14.75. Targets $16 and $17. Needs volume.
$ATEN - Normally low range, low volume trader pops overnight to $16. Now $15.47. Support $15 and $14.75. Targets $16 and $17. Needs volume.

$LC: Stock spikes on earnings and trades to $44.66. It closed at $41.98. Support $41.60 and $41. Look for an entry over $42.25 for trades to $43.50 and $44.50.
$LC: Stock spikes on earnings and trades to $44.66. It closed at $41.98. Support $41.60 and $41. Look for an entry over $42.25 for trades to $43.50 and $44.50.

$LCID - Swing trade LCID ($34.50 entry) trades to $38.70 this morning.  Now $37.21.  Support $36.60 and $35.50.  Targets $38.75 and $40.
$LCID - Swing trade LCID ($34.50 entry) trades to $38.70 this morning. Now $37.21. Support $36.60 and $35.50. Targets $38.75 and $40.


 

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