The week of May 2 - 6, Turbo Trading Head Trader Robert Knight made several winning stock market calls. The calls appear below with charts and detailed annotations for the stocks $BLTE, $BTTX, $CCXI, $EPAM, $FRGE, $HDSN, $SOUN, and $ZYME. Want to join the Turbo Trading Community? Get a free 1-week trial.
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$FRGE After an initial surge the stock pulled back giving us a $19 entry. It then traded up through our targets tagging $24 for a $5 gain. Here is what I said last night: FRGE Stock traded up to key resistance at $20.18. It closed at $19. Support $18.20. Targets $20.50 & $21.85
$ZYME Nice reversal as we suggested. With a $6.25 entry the stock tags our $7 target. Here is what I said last night: ZYME: Stock gapped up on Friday trading to $7.88. It closed near the bottom of the range at $6.32. Sometimes with this pattern the stock will reverse...
$BLTE - Nice reversal today as the stock held support giving us a $10 entry. It traded through our targets for nearly a $4 gain. Here is what I said this morning: BLTE - New issue reverses this morning trading to $10.89. Now $9.80. Support $9.50. Targets $11 and $12.
$BTTX Low price runner. Stock held $1.50 support giving us a $1.75 entry it tags our $2.25 target and more for a 40% gain. Here is what I said last night: BTTX: A failed SPAC. The stock surged today from $.96 to $22.5. Now $1.95. Support $1.90 and $1.50. Targets $2.35 and $3.35.
$SOUN - Stock pulled back at the opening but gave us a $15.50 entry. It then traded to our target at $17. Here is what I said this morning: SOUN - Pops to $15.99. Now $14.93. Support $14.65. Targets $16 and $17.
$EPAM - Nice entry at $344.60 for us as the stock continues to surge through our $355 target to near $365 for a $20/share gain. here is what I said this morning: EPAM - Strong 4 day surge takes it to $344. Now $388.70. Support $327. Targets $348 and $355
$HDSN - Stock popped and gave us a pill back entry at $8.50. It then traded up to our $9.25 target for an 8.8% gain. Here is what I said this morning: HDSN - Surges to $8.98 over night. Now $8.06. Support $7.50. Over $8.25 trade to $9 and $9.25.
$HDSN - Nice move in a terrible market. Nearly tags our $10 target from $9 entry. Here is what I said last night: HDSN: Stock gapped up in a bad market and traded to $9.22. Now $9.04. Support $9 and $8.75. Over $9.25 look for $10, $11 and $12.
$CCXI - On the pull back we entered at $18 as the stock tagged our $19.25 target and more. Here is what I said this morning: CCXI -Trades to $19.20. Now $17.52. Support $16.65. Targets $18.50 and $19.25
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