Premium Member Trade Closed [Details Inside]

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Heading into the weekend, I just wrapped up another great “Bullseye Trade” with my premium subscribers.

It was another great lesson, and I wanted to share it with you.

As you probably know, my Bullseye Trade idea is the single trading idea that I have the highest conviction on headed into each week.

I share my complete game plan with 1000’s of members on Monday each week before the market opens, and then we have a live training session later that day.

I could pick from thousands of different stocks, but I land on just ONE idea each and every week.

While they are usually pretty great ideas (just look at how the peak performance so far this year)

Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically, 45% was my personal loss on RDDT; 110% was my personal gain on CPNG)

If you look at the trade on the bottom of this sheet, CPNG, you’ll see that I just closed it out today for a nice 110% profit after I opened it on Monday.

From my actual real-money trading journal, you can see the $3500 profit and 110% gain I realized on it

Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically.

You’re probably asking yourself why you should care about this?  

I made the money, you didn’t.  So why does it matter?

Well, for starters, if you had taken my advice and joined Bullseye as I told you, then you would have seen this trade from start to finish (shame on you for ignoring me again!)

But more importantly, you missed my reasoning for making this trade.

As I said, I could have picked any stock in the market this week… so why CPNG?

Let me walk you th rough my reasoning on it.

Heading into this week, the market suffered a devastating decline during the previous week.

I was not totally confident buying most stocks, and the defensive plays I would normally buy were already very extended to the upside.

I could see the early signs that the market was starting to recover, but it didn’t look like the right time to buy tech stocks again (that point came on Tuesday, if you recall, when I made the QQQ trade?)

It was a very tough week to make a trade.

So, what I looked for were the handful of stocks that had managed to rally in the face of the terrible market conditions.

I can tell you that list was incredibly small to start this week with, but one of those stocks stood out to me for a variety of reasons – CPNG.

If you look at the chart below, you’ll see that it has been outperforming the market for most of the last few weeks.

Then, like all strong trends, it took a pause.

The trend wasn’t over, of course.  They rarely end and reverse lower quickly.

No, this was just a typical pause in the trend, and I noticed that it was right on the edge of resuming the uptrend.

I circled that spot on the chart below, which is where I announced it as my “Bullseye pick of the week.”

Sure enough, as the week went on, CPNG did, in fact, resume the trend higher, and I walked away with a very nice profit to end the week with.

The chart below shows how the stock traded during the week.

I added copies of the actual app alerts I sent to my subscribers as I was entering and exiting my trade (what a great way to learn!).

*Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically.

Overall, I am very happy to have executed another great trade, and I am looking forward to a brand new idea for this coming Monday.

I see a lot of good possibilities, and I am pretty excited to share this fresh trading idea with everyone soon.

If you haven’t made the move to join Bullseye yet, what are you waiting for?

There has never been a better time to make the move to learn from me than right now.

It will only cost you around 50 cents a day to get access to every idea and game plan I have, as well as access to everything my Bullseye program has to offer.

On top of that, I’m even promising to give you back every penny if you decide you don’t like it for any reason, just let me know in the first 30 days.

You truly have nothing to lose here, yet everything to gain.

I’m trying to make this as simple as possible for you… so what are you waiting for!

Do it now, and I will see you on Monday with another fantastic trade idea!

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