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📈 Trade of the Day: NVVE

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lightningstocks.io

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rob@lightningstocks.io

Sent On

Mon, Sep 23, 2024 07:03 PM

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​ Hey traders, Grab your coffee and settle in, because you’re going to want to stick aroun

​ Hey traders, Grab your coffee and settle in, because you’re going to want to stick around for this one! 📈 TRADE OF THE DAY: NVVE This morning, while sipping my coffee like Neo dodging bullets in The Matrix, I took my time before diving into my first trade. NVVE was up over 90% during the pre-market session. The company is burning through cash with negative 0.7 months of cash left! I asked ChatGPT if their latest 10Q had a “going concern” section, confirming this company is in trouble and likely going down, fast! Looking at the [long term chart](, it looks just okay. There’s a missed monthly pivot not too much higher, around $10.15. ​ I shorted 500 shares at $6.95, a little late (well after the MACD cross!) and then tried to close right away, but didn’t get filled. So I held on. Shortly after the open, $NVVE fell right into the Ghost Pivot around $6.48. That’s where I took my profit of $331 within two hours time. You can see my P&L here and on [Kinfo.com](. ​ The lesson? You don’t always have to be the early bird to get the worm! ​ Stay awesome, and have a fantastic week! Love the heck outta you, Rob ​ [Unsubscribe]( | [Update your profile]( | 2001 Timberloch Place Suite 500, The Woodlands, Texas 77380 [Built with ConvertKit](=)

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