Week in Review: May 2-6, 2022

by | May 6, 2022

It feels like we are back in the middle of 2020. Volatility is back and the trading conditions are amazing. It is more important than ever to get rid of the “see what it will do” attitude. There were several tickers that could have ended your trading career if you let them this week.

Blog sale this week is a quarterly IU membership for $597. https://www.investorsunderground.com/checkout/?product=9&promo=ELITEQ

 

VERU Fade

With the range currently, even if you are late you can still have a very nice trade.

 

 

NUTX Exhaustion

This one didn’t take long to work out.

 

 

SQQQ Fade

Much like the failed follow through setup, the entry point became the resistance before the big fade.

 

 

CYN Late Day Fade

I Just wanted to share Nate’s comments and thought process on this trade.

 

 

SIDU News

Champ brought the news to the room and members were able to ride it up and then flip to the short side after the exhaustion.

Have a great weekend.

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