10 Trading Millionaires in 2024 or Can We Do More?
Here is today's trading awesome sauce!
Key Highlights:
- 2024 Millionaire Mission:
- Casey's ambitious goal for 2024 is to create 10 millionaires through trading. He emphasizes the importance of action and not just content consumption. Casey encourages viewers to participate and engage with his content for practical benefits.
- Trade Ideas:
- Copart (CPRT):
- Casey discusses a 'box' trading pattern observed in Copart, indicating a potential buying opportunity. He notes the steady uptrend of Copart over the years, making it a desirable stock.
- Key Strategy: Watch for the wedge pattern and consider buying if it breaks out.
- Casey discusses a 'box' trading pattern observed in Copart, indicating a potential buying opportunity. He notes the steady uptrend of Copart over the years, making it a desirable stock.
- Copart (CPRT):
- Cryptocurrency Analysis:
- Casey dives into the crypto market, focusing on Solana (SOL) and Shiba Inu (SHIB).
- Solana (SOL):
- SOL shows a promising pattern with its price breaking out of box patterns. Casey discusses his successful trade at $75 and anticipates potential new highs.
- Strategy: Watch for breakouts and consider positions for long-term gains.
- Shiba Inu (SHIB):
- SHIB is showing an upward trend since October. Casey analyzes the breakout from a box pattern and suggests potential targets.
- Strategy: Monitor for continued upward trend and breakout points for entry.
- More Wisdom Nuggets
- Casey reminds viewers of the importance of a trading plan and not just setting goals.
- He teases the possibility of a live training session, depending on viewer engagement.
- Casey also touches on the idea of "stocks that always go up" and stresses the importance of trend analysis.
Final Thoughts
Casey's video provides valuable insights into trading strategies and emphasizes the significance of taking action to achieve trading success.
As always, it's crucial to conduct your own research and consider these ideas within the context of your trading plan.
Feel free to watch the full video for a more in-depth analysis and visual representation of the trade ideas discussed.
To Your Trading Success,
Casey Stubbs