Top Trade Update - Early January
Happy New Year to everyone! 2021 the Year of the Ox. Here’s to a great bull market this year for all!
Less than two weeks into 2021 and we are already seeing some great trades! Every trade from each of our professional investor partners is tracked and verifiable using our patented analytics. These profitable trades are not just one-offs – we will feature our top-performing investment professionals overall in our next update. Stay tuned!
BNGO: +135% in 2 days – Turbo Trading
Bob Knight and Turbo Trading have been red hot to start the year. This is just one of many profitable trades he has identified. “Analysts call BNGO’s technology game-changing, as the stock gaps up from $0.50. It paused at the end of the year, allowing for a good entry price. Sold into the continuing momentum at the beginning of the year.”
FCEL: +63% in 3 weeks – MyHappyTrading
This is MyHappyTrading’s first time on Trade Exchange’s Top Trades, but it won’t be the last. On December 18, Andy Wang shared the FCEL idea with the simple comment – “Breaking Out.” It did so indeed, and profits were booked on January 8. Andy Wang: “MyHappyTrading seeks to find undervalued or overlooked stocks that will benefit from the electric car/battery market boom. Lots of money is going into this sector right now. FCEL has a long way to go- the weekly/monthly charts indicate it’s all just getting started.”
NOVSW: +31% in 1.5 weeks – TC Investments
Tom Waller and TC Investments are also being featured here for the first time. “I focused on the underlying warrants that traded above $5.10 recently but went below $5. NOVS will be huge for the future, but I just focused on the chart for this trade. I anticipated an easy swing to $8+ once the merger run-up starts to happen. I loved this setup, with a merger date announcement looming. I chose to exit NOVSW early to consolidate my cash for a bigger, better swing opportunity.”
ARCT: +19% in 6 days – Rick’s Picks Bold
This type of systematic play is core to more predictable, profitable trading. Rick Ackerman, Rick’s Picks: “Henceforth, traders can look forward to more plays in bio/pharma upstarts because their oft-violent swings are ideally suited to the ‘mechanical’ set-ups that Rick’s Picks Bold uses as a workhorse. As the Trade Exchange platform continues to expand its execution capabilities, giving us more flexibility, we will also be able to offer you scale-outs (i.e., partial profit-taking), shorting, option spreads and buy/sell-stop entries that leverage trading’s ‘discomfort zone’.”
DISCLAIMER: While these ideas (dates, times and purchase/sale prices for entry and exits) have been documented within Trade Exchange’s system, these are examples of past performance and not an indicator or promise of future performance. Individuals who follow experts featured on the Trade Exchange assume all risks and take full responsibility for unveiling and following ideas, whether they execute trades in their linked brokerage account through the Trade Exchange app or in their brokerage accounts that are not linked via the Trade Exchange app. Trade Exchange strongly encourages everyone to review all the trades posted by a partner, as many lose money. All results – including entry and exit prices – are available for review.