Wednesday, August 25, 2021

N—To The Mother F—T

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If you missed today's trading session...here's the one chart to feast on...

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Takung Art (TKAT) has been ripping higher, gaining over 50% on the day.

The stock more than doubled from yesterday's $5.50 opening price to today's high of $12.73.

And the crazy part…

There's No Catalyst Of Note

And The Firm Has Yet To Comment.

So, what's happening here?

The NFT (non-fungible token) market is on fire.

No joke.

Sales volume on OpenSea, the largest NFT platform, hit $1.9 billion in August alone. That's a 230x increase from $8 million in January.

Even Visa (V) got involved in the NFT space by purchasing a cryptopunk for $150,000 just a couple of days ago.

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It's getting so out of control...some are already using the B-word to describe it…

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And TKAT is one of the main ways to play NFT craziness in the stock market.

Takung Art operates an online art trading platform. Traders are betting that the company stands to benefit from NFT popularity.

Given that the TKAT float is only 6 million shares, it doesn't take much to get this one moving. And once it gains momentum—look out. Back in March, it hit a high of $74.11

Keep an eye on the headlines, and here are some other symbols in the space to be aware of (if crazy volatile stocks are your thing) DLPN, JFIN, OCG, ZKIN, HOFV, and WKEY.

Here's what else traders in our community are talking about...

Are Meme Stocks Back?

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I'm sure you picked up on the headlines yesterday ── Meme stocks are back in on the action once again.

Since that fateful day they exploded all over the media. They have been struggling more than at the gym after the New Year's resolution motivation wears off….. And they are almost as sporadic with their moves.

Yesterday being a prime example as near close we saw ole GME rise like the Walking Dead and surge up 28%... No news. No special event. Just zombified, hinting at the possible rise of the meme.

But just like any zombie movie GMA wasn't the only one infected affected by more meme stocks going its ranks.

RagingBull's Biotech Breakouts is diving in the deep end on this one to analyze if we are really seeing a resurgence of the meme.

Click Here to learn more

Lessons from Trading's Biggest Blowups

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There is a good reason why the saying "you learn from your mistakes" has stuck around── It's true because every single one of us has made mistakes and when it comes to trading even the best have taken some hits.

But what tends to get overlooked is the pure gold that is learning from others' mistakes.

Total Alpha's Jeff Bishop today is pulling out some of the greatest dumpster fire mistakes of trading history. It's not for sh*ts and giggles, each and every one of the traders on this list took debilitating hits but it is what they did afterward that makes history.

Click here to read more.


Hurry!

Jason Is Closing This Sale Thursday at Midnight

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Watchlist Stock Flag Pattern Breakout

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As traders, we look at chart patterns ALL DAY. But just because we laid eyes on them does not mean we actually understand them. Without this knowledge── Well, people can get hurt….

PennyPro's Jeff Williams is wanting to get down and dirty with it today. Breaking down flag pattern breakouts with his watchlist and don't you worry he has more than one example for us to learn from.

Click here to learn more.

Like what you see?

All-Access is centered around supplying you with the SparkNotes version of ALL things RagingBull.

Here you will find the latest tips and tricks from our traders. From beefing up your trading education to what's on, and not on, our traders' watchlists to our hottest trading ideas to the latest RagingBull events we have it here in bite-size format for your reading pleasure.

….. And remember if you like this, sharing is caring.

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