Robert Knight has released Turbo Trading's winning stocks for September 25-29, 2023. Charts are for $ARM, $BHVN, $IMVT, $SE, and $SNLO. Turbo Trader Subscribers can watch live trades and receive the Stocks to Watch Report and Swing Trade Alerts. Order your free 1-week trial.
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$IMVT - We took a pull back entry around $35 and stayed in the rising channel for $6+ move. Here is what I said this morning: IMVT - Pops on drug trial news. 53m share float and 9.22% short (4.9m shares). 3 DTC. Trades to $36.60. Now $32.64. Support $31.60 and $29. Targets $33.50 and $34.85
$SLNO - Choppy trade. We took a $21.50 entry and eked out a gain to $25. Here is what I said this morning: SLNO - Low float stock 7.1m shares. Normally doesn't trade much. Pops on drug news. Trades to $21.94. Now $19.43. Support $17 and $14.50. Targets $22 and $25.
$BHVN - Large spreads on lower volume so hard to trade but a $21 entry this morning gave a $4.50 move. Here is what i said this morning: BHVN -Surging on light volume. Trades to $21. Support $20. Targets $21.75 and $22.50
$IMVT - Choppy start but we took a dip buy at $42.10 and traded the stock back to $44. Here is what I said this morning: IMVT - Strong follow through from yesterday's phase 1 clinical trials announcement. Trades to $42.10. Now $41.67. Support $41 and $40. Over $42.25 look for a squeeze to $43 and $44 for starters.
$SE - A $41.50 entry alert this morning gave a $2+ move to the upside. Here is what we said this morning: $SE $41 to $41.50. Over $41.50 to $42-$42.50, then 50c above. Under $40.85 to $40.25-$39.50
$ARM - Choppy trade but a $53.50 entry at the opening gave a move to our $54.50 target. here is what I said this morning: Watching ARM - Support $53 and $52.60. Targets $54 and $54.50.
$SLNO - You had to be quick to catch the opening move at $22.75. It trades up through our targets and more. Here is what I said this morning: SLNO - Another inside day but trades to $24.92, Now $23.36. Support $22.50. Targets $24, 424.85 and maybe a gap fill at $25.50.
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