Hey, MFG!
YES! YES! YES!
The markets were insane this week! All three major indexes climbed higher and reached new all-time highs again! Bitcoin also hit a new all-time high of $77,000.
This has been a beautiful week in the markets. I want to congratulate everyone on their balance milestones and thank you for believing me. I appreciate you trading with me.
I dedicate my time to studying the charts and reading for hours a day to find the highest quality trades in the current market conditions. I’m at the MFG Trade Desk 24/7. 🧙🐼
Let’s dig into the latest updates, insights, and moves taken on our MFG trades. 👇👇
Let me know in the comments if you enjoy these swing trade updates. I appreciate you. 👈👈
-GP a.k.a Fullauto11 🧙🐼
The Peters Report - Stock & Crypto Trader’s Resource
Always remain bullish and follow The Money Flow.
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10 MFG Trade Updates You Don’t Want to Miss!!💸
1. Gilead Sciences, Inc (GILD)
Gilead Sciences, Inc GILD 0.00%↑ has been on a textbook runaway. There is no quit in this stock. The RSI banged an extreme-high reading. It’s time to take profits again. This is a core position for me in my buy and hold account.
Price hit true value. I’m letting it run here. There’s nothing wrong with locking in some gains here if you want to roll profits forward. According to analyst Michael from Morningstar, GILD has a fair value of $97 and is currently trading fairly valued.
2. Triple Leveraged Bonds Trade (TMF)
A stage 2 breakout is underway in Bonds TLT 0.00%↑ . Price had been building out a stage 1 accumulation zone right around its 200-day SMA. I had called an audible a couple weeks ago and started adding to my position. Earlier this week, I added a nice chunk to my TLT and TMF positions.
Notice that price broke the box on Wednesday, but came right back in the next day. This is considered super bullish price movement. And today we had the breakout! Remember, when trading leveraged funds, to use the un-leveraged chart for your analysis and moves. TMF is a 3x leveraged bonds ETF, so you would use the TLT chart.
3. Reddit Inc. (RDDT)
RDDT RDDT 0.00%↑ has absolute no quit! After popping over 40% last week, RDDT shares are up 26% this week!! RDDT crushed earnings and announced their first profitable quarter ever. It’s time to lock in some gains here. Congratulations to those of you in the RDDT trade!!
4. 2x Leveraged AMZN ETF (AMZU)
AMZU AMZU 0.00%↑ is a 2x leveraged AMZN fund. This is a perfect Money Flow swing trade— one extreme RSI to another. If you got into the trade in August, you in at the extreme-low and took profits at the extreme-high this week.
For those that got into the trade mid-late October, you still had the textbook stage 1 accumulation and stage 2 breakout with price running to an extreme-high RSI. It’s time to lock in some profits here, but remember to let some run!! Congratulations to those of you in the AMZN trade!!
5. Krispy Kreme Inc. (DNUT)
DNUT DNUT 0.00%↑ completed its B&B trade and hit its target of $12! If this was a B&B trade for you, you can close the position or cut it in half and let the rest run. There’s nothing wrong if you trimmed some shares in your buy and hold account. I didn’t trim any shares. I believe the stock is going much higher. True value range is $15.
6. Lyft Inc. (LYFT)
LYFT LYFT 0.00%↑ took off and is back to the races!! LYFT had a good earnings report and the stock jumped 20% tagging an extreme-high RSI reading. I recently cut LYFT in half because it was at fair value. I did take some profits here, but left some on to keep running. According to analyst Malik from Morningstar, LYFT has a fair value of $20.00 and is trading fairly valued. Congratulations to those of you in the LYFT trade!!
7. 2x leveraged GOOGL ETF (GGLL)
GGLL GGLL 0.00%↑ is a 2x leveraged play on Goggle. GOOGL GOOGL 0.00%↑ crushed earnings and the stock popped and blew through its target and banged an extreme-high RSI reading. It time to trim some shares again and lock in gains. Congratulations to those of you in the Google trade!!
8. AGNC Investment Corp. (AGNC)
AGNC AGNC 0.00%↑ was on a runaway until price finally broke the upward-sloping channel. Price went into a stage 4 decline and ended up stopping right at its 200-day SMA. Price started to build out a stage 1 accumulation zone and got above the 5-day EMA to give us our buy signal. I called an audible last week and have been drip adding shares here.
9. 2X Leveraged TSLA ETF (TSLL)
Tesla TSLA 0.00%↑ had an amazing week!! The stock soared over 29% this week. Notice the perfect Money Flow patterns and how they align with the extreme-high RSI. TSLL TSLL 0.00%↑ popped 8% on Friday. It’s time to lock in some gains here. Congratulations to those of you in the TSLA trade!!
10. HanesBrands, Inc (HBI)
HBI HBI 0.00%↑ was one of the MFG’s original train wreck stocks. Now it’s our top performer amongst them and is no longer classified as a trainwreck. That made space for CELH CELH 0.00%↑ on the train wreck list. HBI has been a long time coming for the MFG.
Most of us were in deep water about 2 years in this stock, but we trusted the process and added on stage 1s. Most of us are finally in the green in HBI. I didn’t trim any shares here. I believe the stock is going much higher. The RSI is extreme here, so you could look to trim some shares. Congratulations to those of you in the HBI trade!!
Get access to my “MFG Trade Ideas of The Week” chart pack CLICK HERE!!
GP’s Wrap-Up
As we wrap up these swing trade updates, it's important to remember that each of these trades is rooted in disciplined analysis and timing. 👈👈
Whether you're already positioned in these trades or watching for new opportunities, staying informed and patient is key. 👈👈
Continue following along as we navigate waves of the markets together, keeping our focus sharp and ready for the next move. Stay in flow!! 👈🌊
Thank you, MFG!! Let me know if you enjoy these swing trade updates in the comments. 👇👇
I appreciate you. 👈♥️
Always remember, whatever you think about comes about, whatever you focus on grows. - GP 🐼
Looking for a group of likeminded people to trade with? Text alerts and the MFG Discord. Text GP 1-936-661-7786 or email GP fullauto11@gmail.com to join.
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💎 Appreciate all the hard work GP & MFG staff put into these articles / trade ideas.