Sunday 3/7/2021 – Markets corrected nicely last week once again as the NASDAQ has dropped from 14,000 to 12,800 range. SQQQ has gone from $12 to $15 and UVXY went from $8.50 to $10.50. I think the NASDAQ has corrected more than the DOW Jones. The DOW has some room to fall. Right now the DOW sits at 31,496 and my target is 30,777 range then down to 27,777 range. For this week there are some picks that
were past winners that have retraced almost 50% off the highs. Nothing has changed with the company just an over-reacted sell off that can become an opportunity. Some other picks are related to current industry trends.
ProTrader Mike will help you gain perspective by going over the MOJO High Quality Growth Stocks picks. ProTrader Mike looks for strong stocks that are In Play or going to be In Play. Stocks that that are resisting pullbacks, exhibit great chart patterns and that are ready to make moves higher. Showing you how to recognize signs that point to new leading industry groups and stocks moving higher within them. Mojo Swing Trade Newsletter is ready to act when new market leaders
breakout.
This week, ProTrader Mike has identified: 6 picks. Expect to see a few crypto picks this week also. EOS looks good again thru $4.00 now at $3.80 range as Bitcoin is over 50,000 per coin.
P.S. I was live earlier today if want to watch :)
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