All posts by Sami Abusaad
Is SPY Going to $540?
Sami Abusaad explains the importance of Thursday’s ugly wide-range bar: Sami goes over: Why the market may be about to break down Why it’s so hard to analyze the market right now What could send SPY down to $540 The messy status of IWM, which could face a breakout failure How to know if Thursday was a mere shakeout How the market can stay bullish The importance of the weekly chart right now What makes the best type of monthly chart Why he likes the widely-hated Starbucks (SBUX) Why Core Scientific (CORZ) is still in focus for Sami The state of the Bitcoin breakout after the huge topping tail And MORE!
Continue Reading -->Bitcoin Looks Great. And THIS Looks Even Better.
Sami is STILL bullish on this sloppy market, and he still likes Bitcoin… plus he announces a coin that looks even better than Bitcoin! Sami goes over: Why we must key on the weekly charts for SPY & QQQ Why he does not have a ton of setups this week How he can be bullish even with a tricky daily chart The thing that makes IWM different from SPY & QQQ now Why he is still bullish on Bitcoin How Bitcoin’s sell setup failed (this is bullish) What makes Solana even better than Bitcoin The state of Ethereum right now The controversial ETF that Sami likes right now 4 other buy setups he sees 10 names that could sell off And MORE!
Continue Reading -->Bitcoin Looks Good. Ethereum Looks BETTER.
Two weeks ago, Sami Abusaad came out roaring bullish on Bitcoin. It still looks good. But Ethereum looks even better – Sami explains why here: Also learn: Why stocks still look bullish but sloppy from here Why the day-to-day action is so unpredictable, even within a bull market The types of trades Sami can’t find right now The controversial ETF Sami wants to add to Why Sami wants to add to Disney (DIS) An online dating stock with an amazing monthly chart Why Sami sold Tesla (TSLA) into the Robotaxi event, and what he’s doing with it into earnings Why he likes to trade TSLL instead of TSLA itself The crypto miner that could rise 70% from here
Continue Reading -->69% Gain = $10 Swing Trader’s Best Week Ever
Sami Abusaad’s $10 Swing Trader newsletter is having its best week ever, thanks to home runs in Wave Life Sciences (WVE), Ericsson (ERIC), and Lithium Americas (LAC). Sami Abusaad had a SHOCKING gain in $WVE. And $ERIC too. Here’s how it went down: pic.twitter.com/ydAb1B5UY1 — T3 Live (@t3live) October 17, 2024 WVE is now the single best performer in $10 Swing Trader history, up over 69% from Sami’s entry. On October 16 — just 2 days after Sami’s entry — WVE gapped up 74% in one day on positive study data. And what’s Sami doing now? He’s letting his profit run. Sami sees potential for WVE to hit $30 — a 242% gain from the $8.76 entry. However, risk management can’t be ignored. As he told $10 Swing Trader members, the stop strategy is now to use a “daily bar-by-bar approach.’ This means he will only exit the trade when it falls below a prior day’s low. Since WVE is a wild biotech stock, this will help Sami protect his gains. Yes, $30 is possible. But it’s not guaranteed. Now let’s talk about Ericsson (ERIC) — a slow, boring, value stock that’s been so strong that Sami added on the way up. Too many traders rush to take profits. But sometimes, Sami will actually add to a position on the way up to magnify his profits. In this case, Sami got long ERIC at $6.21 and then added at $6.38. The game plan now with ERIC is to use $8.09 as a stop. So in the worst case, he would be up 28% on ERIC. (calculated using an average of his $6.21 and $6.38 buys). Sami still sees ERIC hitting $9. Now let’s talk about Lithium Americas (LAC). As of late, stocks related to electricity (utilities, electricity infrastructure, nuclear, uranium, etc.) have been absolutely booming. In $10 Swing Trader, we positioned into LAC on October 7 with a $2.86 entry based on a Daily Transition A Breakout. Then on October 16, General Motors (GM) announced it was contributing $625 million to a joint venture with LAC. So now $10 Swing Trader is sitting on a big gain. But, the fun may not be over. Sami sees potential for LAC to hit $6 a share, which would be a 109.7% gain from his original $2.86 entry. Want to get Sami’s next batch of $10 Swing Trades this weekend? Head here.
Continue Reading -->This Bull Market Is Not Over. Here’s Why.
Sami Abusaad explains why the market is still bullish – even if we get a little sideways action. Sami explains: Why SPY and QQQ are so bullish The power of IWM’s big green bar from Friday, and why it’s still sloppy The controversial ETF Sami likes here Another silver play Sami sees rallying now Why Generac (GNRC) can extend its recent gains based on the monthly chart The bull case for Lululemon (LULU) The catch-up airline play that is on Sami’s watch list Why Walgreens (WBA) might end its 8-year downtrend – though it needs a tight stop His updated take on Alibaba (BABA) 3 short ideas for this week And MORE!
Continue Reading -->I’m Bullish on This SLOPPY Market
Sami Abusaad’s take for this week – this market is SLOPPY but still looking good. Sami explains: Why you can’t be bearish with Apple (AAPL), Nvidia (NVDA), and Meta (META) leading the market The one thing traders can’t argue with Why Affirm’s (AFRM) monthly chart is special right now The controversial ETF that has bottomed – and why we can’t wait for it to move His favorite Bitcoin stocks and ETFs The reason he likes Ethereum here, and the leveraged ETF to watch 2 semiconductor names poised to rally big His ideal entry price for a long-term play on Disney (DIS) and Lyft (LYFT) 3 stocks he does not like here And MORE!
Continue Reading -->Sami’s Beautiful Bitcoin Secret
Sami Abusaad does a major crypto breakdown in his weekly swing trading strategy video: Sami goes over: Why Bitcoin is interesting, even with a sloppy daily chart The beautiful secret within Bitcoin’s monthly chart that could mean much higher prices Why Bitcoin probably won’t give Sami the entry he wants The trigger that could send Ethereum higher from here Why Solana is sloppy What he’s watching in QQQ to keep the bullish stock market intact Why Sami is bullish on mortgage reits like AGNC 4 names he is bearish on A quick lesson in support & resistance using TSLA And a LOT MORE! This is one of the deepest videos Sami has done, so we hope you watch the whole thing!
Continue Reading -->Why I Like the Controversial Super Micro (SMCI)
Sami explains why the market is bullish – but sloppy. Sami goes over: Why we could see a short-term pullback within the bullish long-term trend Why he still believes the stock market has bottomed Why most swing ideas are not yet ready to go The reason he likes the controversial Super Micro (SMCI) from here His opinion on Micron (MU) His favorite gold names And more!
Continue Reading -->Tesla Is Going to $400. And Bitcoin Is Going to $100,000.
Sami Abusaad has been a long-time bull on Tesla (TSLA). And today he said the stock is going to $400: This makes Sami far more bullish on Tesla than Wall Street analysts, who have an average target price of $209. Sami also explains: What Sami sees on Tesla’s monthly chart Why Bitcoin is headed to $100,000 Why he actually likes Ethereum more than Bitcoin right now Why he still believes the stock market has bottomed And more!
Continue Reading -->Yes, I’m Bullish
Sami Abusaad explains why he is still bullish Sami goes over: Why he is still bullish following the recent market bottom The tricky thing about 1-2-3- setups right now Why IWM will eventually pop – though it’s tricky to know when The gold name me likes right now The semiconductor stock that looks like it bottomed Friday 5 names he think can drop from here And MORE!
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