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


My Bullseye pick this week is to buy (TEM) call options.

TEM calls near $2.30 –   8 days later $5.90  = 156%

My Reasoning:

My Trade Plan Details:

  • TEM April 25 $47 calls near $2.30
  • Stop: Closes TEM below $40
  • Target 1: $48
  • Target 2: $52

The market continues to be extremely volatile, but is showing signs of strength over the last few days.

I still expect stocks to bounce around a lot, but I think the worst is behind us.

If you are a brave soul, this market might present some excellent rebound opportunities if things continue to grind higher.

There are so many charts right now that are worthy of attention. I think it is very tempting to keep things simple and just buy QQQ on dips and sell into rallies.

One of my favorite setups right now is with a small AI company that is starting to break out of a nice consolidation phase.

If the stock can break past $45, I think there is a lot of upside ahead of it.