Your subscription is email only, you will receive your weekly emails to the email you registered under on Sunday. As a convince we post he last email here on the day it is released. If you have problems accessing your email please email us at [email protected].
Most Recent Email – 06.13.2022
Here are your Weekly Winner Watchlist trades for June 12th. Note: crypto markets are open 24/7, so some of these positions may start moving immediately.
Crypto Picks
Day Trade Pick: Ethereum (ETH)
The descending triangle finally broke. RSI is as low as possible (oversold). If buyers fail to reverse the trend shortly, the downfall will result in a 15% market cap depreciation, bringing the Ether market value to $1400.
Key Resistance Levels: $1700 and $1900
Key Support Levels: $1500 and $1400
Entry: $1440
Exit: $1650
Swing Trading Pick: Cardano (ADA)
The recent price action is giving signs that a correction is ahead. Since the cryptocurrency was rejected a second time at the key resistance of $0.65. The key support levels are found at $0.50. The last time ADA tested $0.55, it used that level as a pivot for another push higher.
It is important for the cryptocurrency to not lose this level if the bullish momentum is to be maintained on the larger timeframes.
Entry: $0.50
Exit: $0.70
Speculation Trading Pick: Stellar (XLM)
Stellar is teaming up with money transferring service MoneyGram to launch a new global crypto-to-cash protocol featuring stablecoin USD Coin (USDC). The system will act as a bridge between fiat money and cryptocurrencies to make remittances easier, enhancing the overall utility of digital assets. This will ultimately put the heat on RIPPLE/XRP.
Entry: $0.118
Exit: $0.22
Stock Picks
Day Trading Pick: Occidental Petroleum Corporation (OXY)
OXY stays on the watchlist this week as well. It has more natural gas exposure than XOM but it’s also hovering around its 52-week highs. I’m watching it for weak open red-to-green moves every day this week.
Entry: $63.25
Exit: $75
Swing Trading Pick: Amazon (AMZN)
Last week was a media frenzy. Everyone hyped this play. But now the late movers are underwater. It was down 5% on Friday, I believe one more dip cause the price to find a solid entry point, free of the hype traders.
Look for a base around May’s lows. And watch for red to green moves all week. If it falls apart hold long term on AMZN. AMZN is a long-term play and will be climbing back to that $1K price point starting this week.
Entry: $105
Exit: $125
Speculation Trading Pick: Energy Focus (EFOI)
Energy Focus is a leader in sustainable, energy-efficient lighting and control systems and ultraviolet-c light disinfection products for the commercial, military maritime and consumer markets.
EFOI has had a huge June, trading up over 50% on no news. They will be showcasing their products at the LightFair 2022 conference in Las Vegas on June 21st. This is a momentum play for early next week and could continue higher and make a run for the 200 day moving average up at $2.25.
Entry: $2.50 Exit: $3.50 by June 21 2022