From May 23 through May 27, Turbo Trading's Head Trader Robert Knight made a number of winning stock market calls. We posted the charts below with annotations for the stocks $BOIL, $CAL, $GME, $GUSH, $JWN, $PLAB, $RDBX, and $ZM. Interested in joining the Turbo Trading Community? Get a free 1-week trial.
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$RDBX - Stock gave us a $5.50 entry this morning trading through our targets to near $7. Here is what I said last night: RDBX: Stock popped out of a bull flag and traded to $5.73. It closed at $4.85. Support $4.65 and $4.50. Targets $5.50 and $5.75.
$GUSH - Oil remains strong and GUSH reacted accordingly. With a $171.50 entry the stock traded to our 1st target of $175. Here is what I said this morning: GUSH - Strong surge on oil. Trades to $172.60. Now $172.50. Support $168. Targets $175 and $179.
$CAL - Strong reversal giving us a $24.75 entry on the 1st pull back. It traded through our targets to $27.39 for a $2.60+ gain. Here is what I said this morning: CAL - Pops on earnings trades to $23.55. Now $23. Support $22.80. Targets $23.50 and $24.25.
$ZM Strong move from our watch list After an initial spike we entered at $96. It traded to $100 - $4 gain. Here is what I said: ZM was strong earnings last night but sold off at the opening. It worked its way back to $97.09. Now $95.15. Support $94 and $93. Targets $96 and $97.
$JWN - A sharp sell off at the opening gave us a $21 entry. Stock was just shy of our $23.50 target. Here is what I said this morning: JWN - Stock pops on earnings to $25.49. Now $41.55. Support $21. Targets $23 and $23.50
$GME was strong in the premarket with a $126 entry. But it gave us a $22 move for a nice profit. Here is what I said last night: GME: The "meme" stocks were strong today. GME traded from $88 to $117 today. It closed at $114.30. Support $113 and $111.50. Targets $117 and $123.
$PLAB Nice follow through today with a $19 pull back entry. It tagged our $19.80 target and more. Here is what I said last night: PLAB: Strong surge today breaking out of a 2 month basing pattern. It traded to $18.20 and closed at $18.10. Support $17.75. Targets $18.80 and $19.80
$BOIL - It sold off initially but then surged. We managed a $128 entry as the ETF tagged our $136 target. Here is what I said this morning: BOIL - Pops to $130.37. Look for extension to $132 and $136. Support $125.50
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