EPISODE · Feb 5, 2024 · 22 MIN
#6/2024 - 40.75% Profit in Lucid. Next Trade Is Ready!
from Trading Tips With Jim Stromberg · host Jim Stromberg
The trade in Lucid (LCID) is closed with a 40.75% profit, and a new pick is ready for the $1000 challenge. However, the Nasdaq trading in the upper part of the trend channel and becoming overbought indicates a high chance of a challenging trading week ahead. Like last week, big companies are releasing their quarter results this week, including Pepsi and Disney. Kicking off the quarter result week is Palantir, with an expected move of +/- 7.85%. Tune in for this week's trade and much more
What this episode covers
The trade in Lucid (LCID) is closed with a 40.75% profit, and a new pick is ready for the $1000 challenge. However, the Nasdaq trading in the upper part of the trend channel and becoming overbought indicates a high chance of a challenging trading week ahead. Like last week, big companies are releasing their quarter results this week, including Pepsi and Disney. Kicking off the quarter result week is Palantir, with an expected move of +/- 7.85%. Tune in for this week's trade and much more
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#6/2024 - 40.75% Profit in Lucid. Next Trade Is Ready!
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