50-Day MA Successfully Defended – We’re Moving Back In This Mineral Trade

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As the GEICO camel says, Wednesday is Hump Day.

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PENNY UPCYCLE HIGHLIGHT: WSTRF

At the beginning of the month, I recommended a trade in Western Uranium & Vanadium Corp (OTCMKTS: WSTRF).

Today, we’re going to upcycle WSTRF.

We’re also going to adjust our trade in Darkpulse Inc (OTCMKTS: DPLS).

But first, let me break down WSTRF – here’s what I don’t like about this trade…

I don’t like the fact that we only got a 4% profit the last time we played it. This was due to a wide trailing stop.

But here’s what I do like…

Many mineral stocks saw exaggerated selling over the last two days.

But yesterday, WSTRF bounced off of its bullish 50-day moving average.

Although we may not see shares get the “shot in the arm” that I usually like to see, it’s still a great trade we can upcycle for predictable profits.

In fact, WSTRF is a stock I see as both a long-term investment as well as a short-term trade.

ACTION TO TAKE

Adjust your DPLS trailing stop to 5% when it hits $0.14.

We entered a trade in DarkPulse, Inc. (OTCMKTS: DPLS) earlier this month.

But right now it’s forming a technical bottom at $0.10 with a short-term target of $0.14 – which is a 17% profit on the position.

So we’re adjusting the trailing stop to 5% when it hits $0.14 to secure our profits.

With that said, you should be in our Grayscale Ethereum Trust (OTCMKTS: ETHE) trade from yesterday – I will update you if we need to make any changes.

You know, this unpredictable market is causing me to make more adjustments lately.

I talk about these adjustments a lot in my private Night Trader livestream, as well as the private group chat.

Not to mention, my Night Traders get the most up-to-date trade adjustment I can possibly provide.

We must remain proactive in this wild stock market.

And I want to help you protect your portfolio during this post-pandemic economy.

Please, call 1-877-211-3024. A real live person will pick up the phone and you two can discuss if this sort of hands-on trading research service is right for you.

Of course, I will always be here, giving you daily Penny Hawk updates as well.

Until next time,

Chris Johnson

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