Weekly Wins! A Trade That Is Soaring to New Highs
This week’s edition features a trade that has recently took off!
You've reached your free article limit
You've read 0 of 1 free Pro articles.
In this week’s edition of the Weekly Wins, we feature one trade that has really taken off, touching its highest price of the last two years.
Back on October 6th, Bret Jensen wrote about Blade Air Mobility BLDE in Get a Lift from This Low-Cost Stock With a Simple Trade Strategy. Read the article here.
It’s been his stock pick of the year but has mostly gone sideways. Until recently. The stock is up 38% since October 6th, and a similar amount for the entire year. We might just say that shares were simply taxiing on the runway.
Today, Bret tells us that the stock is up on optimism that the new administration will be more friendly to air mobility concerns.
The technical analyst in me sees a high volume breakout from a multi-year base, too.
Well done, Bret!
