• Mon. May 20th, 2024

The Professor’s Bitcoin Trade!!! – Raging Bull

ByJeff Bishop

Aug 5, 2022
The Professor's Bitcoin Trade!!! - Raging Bull


We’ve seen an epic bounce in the market post the Fed meeting, and since then, it’s been Risk-On. MEME stocks are back; you can read about my trade on GME HERE if you missed it; low float stocks are back, we’re seeing many 50% plus movers in the junk stock space, and there’s a lot of FOMO right now with this euphoria. 

But I’m not sure this madness will last much longer; this type of price action is unsustainable. However, this increased appetite means there are more trading opportunities on the long side, something that’s been missing for a while now, and maybe why traders are trying to make the most of it while it lasts. Here’s What Happened to The Professor’s Bitcoin Trade in RIOT:

riot chart

Don’t get left behind, the MACD BOOM Scanner is included with every Total Alpha subscription. 

Don’t miss these trading signals.

For a limited time you can get access to live trading sessions from our best traders AT 0 COST in the 360 Wall st Chat room. Catch The Professor, Mike Parks 4 days a week, and our all-star lineup of expert traders every day. Here’s the schedule:

Wallstreet 360 schedule

Sign up now, you don’t want to miss these trade ideas, especially while the market is like this!

The Professor has been working with the programmers here at Raging Bull to develop a new and improved scanner for his strategies. It’s finally here and it’s called the MACD BOOM scanner!

BOOM scanner banner

It’s vital to have cutting-edge technology to stay ahead of the curve and keep up with the competition. I mean, you’re trading against some of the brightest minds and biggest institutions in the world, and if you want to compete, you have to take your trading seriously. The MACD BOOM scanner helped the Professor find his latest pick.

Don’t get left behind, the MACD BOOM Scanner is included with every Total Alpha subscription.

The Professor’s MACD BOOM scanner picked up a trading signal in RIOT on Tuesday. RIOT is a bitcoin miner, so when these types of stocks start to move higher, it’s a sign of strength on the speculative end of the market, so this signal was a precursor to the euphoria we’ve been seeing! 

Bitcoin had been breaking out and holding for a few weeks already, and the whole market was strong, so this gave the trade signal extra confirmation!

Here’s what happened to RIOT after the Professor’s MACD BOOM scanner picked it up:

RIOT chart

The Professor, Mike Parks played the call options at $0.38 and landed a winning trade exiting at $0.60. That’s over a 50% move in just a couple of days. This flag setup worked perfect.

trade listing

With a subscription to Total Alpha, not only will you get access to live training from the Professor himself every week-day, as well as his trade ideas sent to your e-mail inbox, but you will also have access to the MACD BOOM Scanner yourself! This way you won’t miss any of the great signals this proprietary scanner sends out!

Don’t miss these trading signals. Subscribe here to get the MACD BOOM Scanner Today!

Don’t forget for a LIMITED TIME, you can get access to the Professor’s live trading sessions at 0 cost in the 360 Wall St chat room! Here’s the all star line up:

360 wallstreet schedule

Also we’ll be sending you our latest newsletter- 360 wall st. Think of it as your “360 view” of the market each day, where you can benefit from multiple perspectives. Sign up HERE

Every trading day, you can expect to receive 2-3 of our traders’ top ideas.

gurus at nascar

It could be an option trade I really like, a crypto idea from Jake McCarthy, a momentum stock idea from Jason Bond, a fast-moving penny stock that Jeff Williams likes, a trade Davis Martin finds enticing, or maybe even something unusual that one of Ben Sturgill’s scanners has picked up. 

Sign up HERE, and get access to 360 Wall St at 0 cost, for a limited time.


Image and article originally from ragingbull.com. Read the original article here.