GoPro ($GPRO) Momentum IPO Trade

smbcapitalMike Bellafiore's (Bella's) Blogs, Technical Plays, Trade of the Week, Trading LessonLeave a Comment

Mike Bellafiore, author and co-founder of SMB Capital and highlights a Momentum Trade opportunity in the IPO GoPro (stock symbol $GPRO) with our college training class. Some Highlights: Mike explains the buy signal for this momentum trade. Technical levels in IPOs just one trading day old are significant. Understand this is a momentum trade which has little to do … Read More

Trading Lesson: 2nd Day Trade—$ADBE

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Adobe (ADBE) announced their earnings recently and the stock had a big change in price the following day. The stock had heavy volume, which is something I look for to setup a trade for the next trading session. This is one of the easier trades we teach in our training program and it’s called “2nd Day Plays”. After a stock has some type … Read More

Trading Lesson: Explosion After Rest—$TWTR

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Today’s video trade review highlights a few key points for short-term equity trading. One, how to identify important “inflection points” which can be used as the basis for low risk high reward trades; two, when to consider getting back into a position that doesn’t work initially; and three, how to actively manage a position versus taking your hands off the keyboard and letting … Read More