Skip to content

Velocity Trader

Over the 64 trades in the model portfolio – 71.88% were profitable.

Velocity Trader

Jason Bond Picks Strategy | Simple Pattern Pulls in 23% Winner

Small-cap stocks are running hot… but IWM (the Russell 2000 ETF) looks has hit a brick wall, as it presses up against some key resistance levels.

However, it’s likely the $160 level acts as a key support level into the year-end… especially if we get some more positive news regarding the trade deal.

Overall, I’m still optimistic the trend will continue… but I’m also not ignoring the fact that there will be short sellers looking to pile in here.

You see, small-caps haven’t reached overbought levels yet so this trend can certainly stretch further— trap the shorts and squeeze higher.

Heck, even if IWM pulls back, there will be so many opportunities to take advantage of based off the simple patterns I trade.

For example, when IWM is near highs, I’m looking for momentum buys… like FuelCell Energy (FCEL).

The other day, I spotted a hidden level in FCEL… and locked in a 23% banger!

How did I spot the perfect entry, and more importantly, how can you use this simple setup to your advantage?

Contents

  • 1 Simple Chart Setup Uncovers A 23% in FCEL
  • 2 The Play

Simple Chart Setup Uncovers A 23% in FCEL

The other day, FCEL announced a massive catalyst. The company announced it would expand a deal worth up to $60M with XOM.

For a micro-cap company, a $60M deal is pretty sizable.

At the time, I looked at the chart setup… and it looked pretty ugly. However, with this news, I figured it could fuel a run up all the way to $1.

When I pulled up the stock, I saw it up 50% that morning… and typically, when traders see a stock like that, they think they missed out.

However, that’s not the case with small-cap momentum stocks. I looked for signs of strength inside that day to position myself for a strong close by the end of the day. In other words, I was looking for an area of value to buy FCEL.

With a new CEO, this deal with XOM could be the turning point for the troubled green energy company. My plan was to trade smaller than usual, given how risky the stock is, and I looked for 20%+ same day or overnight on a gap.

The Play

If you know anything about trading momentum stocks… chart patterns work really well. When a stock has a massive gap up like FCEL did… there’s one simple charting tool I love to use — the Fibonacci Retracement pattern.

How does it work?

It’s really easy, all you have to do is identify a high and a low, and nearly every charting software will do the work for you.

Check out the 15-minute chart in FCEL below.

All I did was use the tool to connect the low (where it gapped up from) to the high that day.

That allowed me to find a key Fibonacci retracement level. If you look at the chart above, the 50% retracement level was right around $0.45. This lets me know it’s an area of value and there’s some support around there.

Generally, when we see stocks gap up like FCEL did and pull back to a key level, they run higher and attempt to break its high of the day.

The Fibonacci retracement pattern is so powerful because it allows you to plan your trades ahead of time

If you bought around $0.46, worse case you would stop out if it broke below the 61.8% ($0.40), which is another key support level.

Once I saw the stock reach that level… I knew it was time to get in.

So what did I do?

I bought shares at $0.46 (just above the 50% Fib retracement level), looking for a run higher… and boy did it work out.

I entered the trade around 10:00 AM… and just a few hours later, I locked in a whopping 23% return!

The thing is, we see plays like this ALL the time in small-cap momentum stocks. The best part is you really only need to know two simple patterns to spot EXPLOSIVE opportunities all the time. All you have to do is take the next step, and join now to set yourself up for success.

[Ed. Note: Jason Bond runs
JasonBondPicks.com and is a swing trader of small-cap stocks.  In 2015 he earned a 180% return on his money. Then in 2016 he turned a $100,000 account into $430,000!
Discover How He Did It]

Source: JasonBondPicks.com | Original Link

Author John GladstonPosted on November 8, 2019Categories Jason Bond PicksTags catalyst, Day Trading Success, Fish Hook, How to become a successful day trader, Jason Bond Freedom Trader, Jason Bond Freedom Trader Complaints, Jason Bond Freedom Trader Fraud, Jason Bond Freedom Trader Login, Jason Bond Freedom Trader Pasr Results, Jason Bond Freedom Trader Past Performance, Jason Bond Freedom Trader Price, Jason Bond Freedom Trader Real User Review, Jason Bond Freedom Trader Refund, Jason Bond Freedom Trader Review, Jason Bond Freedom Trader Reviews, Jason Bond Freedom Trader Scam, Jason Bond Freedom Trader Website, Jason Bond Millionaire Roadmap, Jason Bond Millionaire Roadmap Customer Review, Jason Bond Millionaire Roadmap Review, Jason Bond Millionaire Roadmap Reviews, Jason Bond Millionaire Roadmap Scam, Jason Bond Millionaire Roadmap User experience, Jason Bond Penny Stock Playbook, Jason Bond Penny Stock Playbook Review, Jason Bond Penny Stock Playbook Scam, Jason Bond Picks, Jason Bond Picks Customer Review, Jason Bond Picks Review, Jason Bond Picks Reviews, Jason Bond Picks Scam, Jason Bond Picks User Experience, Jason Bond Swing & Long-Term Trading, Jason Bond Swing & Long-Term Trading Customer Review, Jason Bond Swing & Long-Term Trading Review, Jason Bond Swing & Long-Term Trading Reviews, Jason Bond Swing & Long-Term Trading Scam, Jason Bond Swing & Long-Term Trading User Experience, Jason Bond Ultimate Penny Stock Guide, Jason Bond Ultimate Penny Stock Guide Discount, Jason Bond Ultimate Penny Stock Guide Real User Review, Jason Bond Ultimate Penny Stock Guide Review, Jason Bond Ultimate Penny Stock Guide Reviews, Jason Bond Ultimate Penny Stock Guide Scam, Jason Bond Ultimate Penny Stock Guide User Experience, Jason Bond Ultimate Penny Stock Playbook, Jason Bond Ultimate Penny Stock Playbook Discount, Jason Bond Ultimate Penny Stock Playbook Free Download, Jason Bond Ultimate Penny Stock Playbook Real User Review, Jason Bond Ultimate Penny Stock Playbook Review, Jason Bond Ultimate Penny Stock Playbook Reviews, Jason Bond Ultimate Penny Stock Playbook Scam, Jason Bond Ultimate Penny Stock Playbook User Experience, Jason Bond Ultimate Strategy Course, Jason Bond Ultimate Strategy Course Discount, Jason Bond Ultimate Strategy Course Real User Review, Jason Bond Ultimate Strategy Course Review, Jason Bond Ultimate Strategy Course Reviews, Jason Bond Ultimate Strategy Course Scam, Jason Bond Ultimate Strategy Course User Experience, Making Money with Jason Bond Picks, Nathan Bear, Nathan Bear Millionaire, Nathan Bear Millionaire Roadmap, Nathan Bear Millionaire Roadmap Login, Nathan Bear Millionaire Roadmap Review, Nathan Bear Millionaire Roadmap Reviews, Nathan Bear Millionaire Roadmap Scam, Nathan Bear Millionaire Roadmap Success, Nathan Bear Picks, Nathan Bear Picks Login, Nathan Bear Picks Real User Review, Nathan Bear Picks Review, Nathan Bear Picks Reviews, Nathan Bear Picks Scam, Nathan Bear Picks Trade, Nathan Bear Picks User Experience, Nathan Bear Picks Website, Nathan Bear Raging Bull, Nathan Bear Results, Nathan Bear Scam, Nathan Bear Trader, Nathan Bear Trading Chat, Nathan Bear Trading Room, Penny Stock Playbook Free Download, Real-Time Swing & Long-Term Trade Alerts, stock pickimng service, Stocks Under $10, The Horizon, The Horizon Review, The Horizon System, The Horizon System Review, Why You Need to Trade Stocks with an Experienced Community, winning small cap swing trades, Your experience with Jason Bond Pick

Post navigation

Previous Previous post: Palm Beach Quant Trader – Rare opportunity to “partner” with Teeka
Next Next post: Taylor Conway’s Shadow Trader Review
Velocity Trader > Jason Bond Picks > Jason Bond Picks Strategy | Simple Pattern Pulls in 23% Winner

Tags

  • charts
  • Dow Jones
  • ETFs
  • GS
  • Jeff Bishop Review
  • learn to trade options
  • markets
  • NASDAQ
  • Option Rocket Kyle Dennis
  • Option Rocket Review
  • Option Rocket Reviews
  • Option Rocket Scam
  • options
  • Options Rocket Kyle Dennis
  • Options Rocket login
  • Options Rocket Review
  • Options Rocket Reviews
  • Options Rocket Scam
  • Options Rocket User experience
  • Options Rocket user review
  • Options Rocket webinar
  • Options Rocket website
  • options trading
  • options trading newsletter
  • options trading strategies
  • options trading tips
  • options trading webinar
  • option trading
  • option trading strategy
  • Russell
  • S&P
  • SPX
  • SPY
  • squeeze
  • strategies
  • trading
  • understanding options trading
  • VIX
  • Weekly Money Multiplier
  • Weekly Money Multiplier login
  • Weekly Money Multiplier Real User Review
  • Weekly Money Multiplier Review
  • Weekly Money Multiplier Reviews
  • Weekly Money Multiplier Scam
  • Weekly Money Multiplier User Experience

Elon Musk SAV

Warrants

One Percenter

Buy This One Stock in 2021

Recent Posts

  • How to Buy Back 20 Years of Your Life: Teeka Tiwari’s “Anomaly Window” Webinar
  • Dave Forest Warrants Master Course: The Best-Kept Secret to Grow and Protect Your Portfolio
  • Jeff Brown’s Last Digital Leap: 3 Keys to Pre-IPO Success
  • Teeka Tiwari Crypto’s Next Trillion Dollar Coin Leaked: Scam Or Real Thing?
  • James Altucher 5-Days To $500 Instant Income Challenge: How to collect $500 in instant income?

Top 7 Trading Resources

Best Trading Advice

Steady Income Investments

Crypto News

Options Trading Strategies

Top Marijuana Stocks

FREE Trade Alerts

Best Blockchain Stocks to Buy

Velocity Trader Proudly powered by WordPress
[i]
[i]
[index]
[index]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[i]
[i]
[index]
[index]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[i]
[i]
[index]
[index]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[i]
[i]
[index]
[index]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[i]
[i]
[index]
[index]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[index]
[index]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[i]
[i]
[index]
[index]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[index]
[index]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[i]
[i]
[index]
[index]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[index]
[index]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[i]
[i]
[index]
[index]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[i]
[i]