MP – My Bullseye Pick of the Week - Bullseye Pick of the Week

MP – My Bullseye Pick of the Week

MP Call options near $1.65 – 9 days later $12.20  = 639%

My Trade Plan Details:

  • MP Sept 26 $70 calls near $1.65
  • Stop: Closes MP below $63
  • Target 1: $70
  • Target 2: $75
My reasoning:

This week, I am targeting one of the top “Rare Earth” plays in the market.  This stock has been incredibly hot, as it has gained 360% year-to-date, so far.

After a recent consolidation, I think it is showing us a great opportunity for a new uptrend to begin once again.

 

Go to alert