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- 🧪 McDonald's E. Coli Scare
🧪 McDonald's E. Coli Scare
Plus: Mr. M's winning Trade
Good Morning!
While the Nasdaq's riding a hot streak, McDonald's is cooling off with an E. coli scare. Starbucks? They’ve hit the snooze button on guidance, but we're wide awake over here. And if you're watching crypto, you know the recent pullback isn’t shaking us.
But let’s talk about what really matters—our latest trade. Mr. M just dropped a 16% day-trade winner on ENSC in minutes, and that’s just one of many plays coming out of TradingLab.
Curious how we're nailing these moves? Keep reading to get the full breakdown and why you need to be in the community—especially with Lifetime Memberships at 50% off. Don't miss out.
Let’s get into it 👇
🌡 TradingLab’s Headline Roundup
Stock Markets
23rd October, 2024
Nasdaq Composite Snatches Fifth Day of Gains as Index Peers Waver Again
McDonald’s shares fall after CDC says E. coli outbreak linked to Quarter Pounders
Starbucks Suspends Guidance After Sales Slump Persists
Crypto
Bitcoin ETF $79M outflow ends 2-week bull run amid 'sideways' BTC price
XRP Transactions Fall, But Active Wallets And DeFi Liquidity Tell A Different Story
Commodities/Forex
Dollar Index Hits 3-Month High as Traders Ramp Up Bets on Donald Trump Win
Yen Sinks Beyond 200-Day SMA as Popping Dollar Wrecks Asian Currencies
📈 What I’m Trading
The Play
Our boy Mr. M nailed it again with a quick-hitting day trade on ENSC, and we watched every second of it unfold in real-time inside our TradingLab community. Here's how he played it:
Entry: $0.65 (break)
Targets: $0.67 / $0.69 / $0.71 / $0.73 / $0.75+
Stop: $0.57
Final Outcome: All targets hit. Up 16% at the highs!
That’s a 16% gain from entry in under 10 minutes! You snooze, you lose, and Mr. M wasn’t snoozing on this one.
The Catalyst
What lit the fire under ENSC? The stock was primed for a breakout, riding on the back of positive sector sentiment and technical momentum. With the small-cap market heating up, Mr. M spotted the perfect setup for a fast intraday run. The news wasn’t huge, but the timing was flawless, with energy building in the chart. Momentum traders were ready to pounce—and Mr. M called it just as the stock broke that key $0.65 level.
Our Take
This trade was textbook Mr. M: high risk, high reward, and perfectly executed. By identifying the breakout at $0.65, Mr. M was ahead of the curve, riding the wave as ENSC surged through multiple resistance levels. Why was this a winner? Simple—strong momentum, clear technical levels, and tight execution. We weren’t looking for fireworks, just solid gains, and this one delivered.
If you're still sitting on the sidelines, what are you waiting for? This is the kind of action we're getting daily from our team of analysts. Don't miss the next one. And right now, our Lifetime Membership is 50% off.
You could’ve been in on this ENSC winner, but there's still time to join the community and catch the next play.
Stay ahead, stay informed, and most importantly, stay profitable.
‘til next time,
TradingLab