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6 different paydays in one name

We milked this one stock all day long

If you didn't trade $SKHY at least once on the long side today, you are doing something wrong.

I told you to stay focused on this stock. 

It was the gift that kept on giving.

This morning, I said if it gives us another chance at a Fo-Sho-Bro under VWAP and holds over $150, we're looking to buy it. And it did. Then it gave us another Fo-Sho at VWAP. Payday. Then another. Payday.

Let me walk you through just one of the sequences we traded live:

  • We bought the fake-out shake-out VWAP break at $154.
  • We sold on the way up at $155, $157.50, $159.40, and $160.

Then came the magic part. I said, "Sell all of it right now at $159.40, and hopefully, we get another chance to buy it when it goes back down."

And it did. It flushed right back down to $151.25. So, we bought it again at $152.50. VWAP retrace? Payday. Over VWAP? Payday.

Six different individual days' pay made in one name.

This is the best trading environment of all time. Not the best bull market. Not the best bear market. The best trading market, because you get a chance to make 5 points on the way up, get out, and do it again.

And it wasn't just $SKHY.

If you watched the $SPACE scalp, you saw us buy the hold at $140. It broke down to $137.68. I explained exactly what scalping is: if it doesn't break below $137.50, buyers will step in. 

We bought at $138, sold at $140. Then it went back to $138, and we sold at $140. Then $138 to $139.65. Day's pay. Day's pay. Day's pay.

Even $ORCL. Someone asked why I bought it. I bought it because it didn't break $135. I bought at $135.25, $135.35, $135.55. We sold as it got to VWAP, and sold the rest on the way back down at $134.85 when it broke the near-term double bottom.

And if you were watching $CBRS, that was just icing on the cake with a one-minute multi-day VWAP reversal.

This doesn't have to be difficult. The work we did today pays for an entire subscription.

I recorded a video summarizing all of the action. 

You can watch it right here to see exactly how these setups played out.

Click to watch the video recap:

Remote video URL

If you're already inside the room, I'll see you tomorrow. 

If you're not in here yet, here's the link to join us.

Kenny Glick | Founder, Hit The Bid

P.S. Six paydays in one stock. A textbook scalp on SpaceX. And an easy read on Oracle. Stay focused on what I'm trying to tell you, and days like today become the norm. See you in the room.