Trade Ideas For $CCL, $AAL, $M, $ACB, $HPE & More! | $500 Account Challenge Day 17

Looking to level up your $500 account? We've got your back! Today's blog dives into potential trade ideas for some hot stocks: CCL, AAL, Macy's (M), Aurora Cannabis (ACB), Hewlett Packard Enterprise (HPE), and more! Whether you're a seasoned trader or just starting out, be sure to check this out!

June 20, 2024
Meta Matt
Check Out The Full Video With Breakdowns

Day 1 : Building a Watchlist and explaining the strategy
Day 2 : $PLTR Trade Idea 
Day 3: Buying $HOOD
Day 4: Up 5% on $HOOD
Day 5: Entered $UA Trade
Day 6: Trading In Puerto Rico
Day 7: Introducing Beacon
Day 8: S&P 500 Record Highs

Day 9: Robinhood Makes Moves Into Crypto
Day 10: Roaring Kitty Meows
Day 11: $GME Trade Idea
Day 12: $NIO Trade Entry
Day 13: Taking Profits In $HOOD
Day 14: Stopping Out Of $UA
Day 15: Stopping Out Of Everything
Day 16: No FOMO

$NIO New Trade Idea

We see an Inverse Head And Shoulders Forming here. We are waiting for a 4H Candle Close above $4.63, then we will put a Limit Order at $4.63.

Target 1: $6.04
Target 2 we have two options, $6.04, and for those who are okay with more risk $6.34.
Stop Loss: $4.24.

We will be allocating $60 to this trade, as the goal is to only risk 1% of our account per trade (so if we stop out we are only losing $5)

$HPE Trade Idea

Recently broke all time highs. We are looking for a retracement to a higher low. We ARE bullish, but not buying up here at the current prices because of the risk. We think it might “punish” those with Stop Losses at $20 before moving back up.

We are looking for a move below $19.48 and then a 4H candle close back above $19.48, once that happens we will be setting a Limit Buy at $19.48.

Stop Loss at $17.31 and Targets at $24.88 and $35+.

We are going to be allocating $45 to this trade. The safer entry would be our typical 4H Strategy we teach in the Coaching Program.

$ACB Trade Idea

We recently had a big move up, which could be the start of the reversal of the overall down trend. We are looking for a higher low to form, and then a move back above the recent high.We don’t KNOW where price is going to go, or how far down, but we do know how to play the stock when it does get to OUR levels.

We are waiting for the price to break below $5.44, and then have a 1H candle close back above $5.44 for entry, with stop loss at the low that was formed before the price broke below $5.44.

Targets at $6.18 and $6.82.

We are also watching $4.39 and $4.04 for the same setup if the price keeps dipping

$CCL Trade Idea

Watching for a 4H candle close above $16.24 to set a Limit Buy entry.

Stop Loss at $15.53 and targets at $17.68 and $19.74.

We are going to be allocating $113 to this trade.

If the price breaks below $15 we can see a lot of downside happening

$AAL Trade Idea

We are looking for the price to break below $8.25 and then have a daily candle close back above $8.25 for entry, with a Stop Loss at the low that was formed before the price broke back above $8.25. Target is $16.

We are also watching $3.96 and $1.45 for the same setup.

$M Trade Idea

We will be waiting for the price to break below $15.10, and then have a 4H candle close above $15.10 for entry, with a stop loss at the low that was formed after the price broke below $15.10. Targets $22.10 and $25.10.

TraderSync Updates

I am also using TraderSync to update my trades. You can check out my past blog going over how I am using TraderSync for these plays.

As you can see we have a total return of $4.97, meaning we are in the green, even win a win % of 25%. It's all about having the wins outweigh the losses.

Interested In Having Jay As A Trading Coach So That He Can Teach You How He Finds And Plays These Trades?


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