Top Trade Update - Late April
Late April’s Top Trades include a promising provider of vaccines to combat Covid-19 variants as well as electrical vehicles and payments. Bob Knight’s Swing Trade Membership delivers another big winner, while other experts use objective approaches to identify short-term profit windows. We are also delighted to feature Sal Mangano’s ETF Trend-Sense product for the first time, which has been consistently identifying profitable opportunities focused exclusively on ETFs.
OCGN: +49% in 2 days – Turbo Trading
One of our top experts identifies an opportunity with a company combatting Covid-19 variants: Bob Knight from Turbo Trading wrote on April 21: “Strong phase 3 interim results for OCGN out of India. Pull back to support at this level. Would look for a double.” With a strong move less than 48 hours later, Bob booked a 42% gain for his followers. Bob is always on the lookout for opportunities with OCGN and other breakout candidates through his Swing Trade Membership product.
NIO: +16% in 1 week – RajCAP Swing Cycles
A disciplined objective approach helps to identify near-term opportunities in the hot EV sector. On April 20 Rajendra Parmar wrote: “Trend reversal” for NIO, the Chinese electric vehicle manufacturer. For those of you who are not yet familiar with Rajendra’s other top trades, he’s an adherent of the Elliott wave trading system that identifies objective swing trading opportunities with attractive risk/reward ratios.
IJK: +14% in 3 months – ETF Trend-Sense
As the name indicates, Sal Mangano’s ETF Trend-Sense focuses on ETFs with improving price trends and room to run. This Top Trade illustrates how his approach effectively balances risk and rewards. On January 11, Sal recommended IJK, the iShares S&P Mid-Cap 400 Growth ETF. “IJK has been on our radar. We have seen mid-cap ETFs putting in strong performances and it appears safe to jump on that bandwagon now. A resumption of strength we first noted in early November is just now coming into play. It looks primed to break through that level to new highs.”
PYPL: +14% in 10 days – Bahama Capital
Patrick Moorhead identifies a near-term profit opportunity in a global payments leader. “PayPal’s technology and digital payments capabilities enable digital and mobile payments, benefitting consumers and merchants. Their two-sided global platform will benefit from the steady post-Covid recovery.”
DISCLAIMER: While these ideas (dates, times and purchase/sale prices for entry and exits) have been documented within Trade Exchange’s system, these are examples of past performance and not an indicator or promise of future performance. Individuals who follow experts featured on the Trade Exchange assume all risks and take full responsibility for unveiling and following ideas, whether they execute trades in their linked brokerage account through the Trade Exchange app or in their brokerage accounts that are not linked via the Trade Exchange app. Trade Exchange strongly encourages everyone to review all the trades posted by a partner, as many lose money. All results – including entry and exit prices – are available for review.