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Watch ARWR – Arrowhead pharmaceuticals bounce. Wait until forms a shape to the upside over $15.01. Target: $17.00. Stop: $14.60.

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This may be a great time to get back into trading right before year-end rally starts.

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The Santa Clause Rally usually runs from early November until late January. Turbo Trading Head Trader Robert Knight is making a major market call here, predicting that the Santa Clause Rally already began on October 18, 2021.

“Markets have signaled a change of direction to the upside. This is the start of the ‘Santa Claus’ rally. Look for indices to trade to new ATHs before year-end and continue strong into the end of February.”

Robert Knight, MBA, issued these ideas on the private “Trading Room” channel on Flock. Please set this email aside for 30 days. Let’s check back in mid-November and see which of these ideas came to pass.

Subscribe to Turbo Trading and start banking with Turbo Bob’s swing trades and day trades.

$AAPL – Double bottom around $138. Bullish engulfing bar today. Look for a move to $150 for the next move.

$AMZN – Triple bottom at $3200. Huge move to $3400. Broken declining tops line. Look for it to trade to next resistance at $3500

$FB – Capitulation candle on 10/12/21. Broke out of the declining channel. V bottom right hand extension pattern. $340 and $350 next key resistance levels. Caveat is earnings are coming.

$GOOG – Massive rising channel. 20 day m.a. never did cross the 50. Resistance around $2865. Over that level and we test the ATH (before year end).

$MSFT trades to new ATH. This is not a chart that is suggesting we are topping out. The measured move takes it to $330 for starters. Look for that level before year end.

$NFLX broke out of a massive consolidation pattern and is now in a strong rising channel. It is in a 4th wave consolidation. I would like to see it hold $615. Next move up in the channel takes it to $660 and $680.

$NVDA looking to test ATH in the next week. It has broken out of a wedge pattern after forming a V bottom right hand extension pattern. Over $230 look for $240 and $250 before year end

Turbo trading subscribers have been banking with Turbo Bob’s swing trades and day trades for the last two weeks or so.

Check out Turbo Bob’s latest swing trade update:

$TNDM – $67.50 entry. We sell 1/4 position at $74.74 Stop now $70. Targets $77 and $80.$FSLY – $19.50 entry. We sell 1/4 position at $25. Stop now $21. Targets $27 and $30$CRWD – $60 entry. We sell 1/4 position at $69.50. Stop now $62. Targets $72 and $75.

— Bob Knight (@Turbobob129) April 21, 2020

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Ay, Corona!

Market is in a melt down.

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