I’m in Las Vegas, so I’m going to keep this short and sweet.
Bobby “8-Baller” Eight stepped into the Warlock’s World live stream yesterday and KILLED IT.
He didn’t try to do some Warlock impersonation either.
8-Baller came in as his usual insightful self, and stuck to what has worked for the Warlock’s World community…earnings reversals.
Usually I start every day on Money Morning LIVE in the BIG ROOM at 8:30 a.m. ET.
(On this Las Vegas trip I’m starting every day in the sports book of the Venetian…)
So 8-Baller stepped into my morning show slot and gave a whopper of a prediction.
8-Baller noted a potential upside price target of $25.90 for WRBY
After doing his fractal based charting on Warby Parker (WRBY), which had reported earnings, 8-Baller gave a potential upside target of $25.90.
This was at 8:38 a.m. ET.
WRBY price target achieved
WRBY hit that level a little more than an hour later, never straying below the 1-minute VWAP in the process.
That’s a 1-minute multiday VWAP reversal on a stock that reported earnings.
AKA the trade that I have NEVER seen work so well in my nearly 30 years of trading the market.
This trade is the signature of Warlock’s World.
And WRBY wasn’t done from there.
WRBY kept rising throughout the day
WRBY topped out at over $28 per share on Thursday.
When 8-Baller originally mentioned the stock, it was trading at $22.82 per share.
That’s a more than $5 per share gain on an earnings reversal!
On 1,000 shares, that would have been a more than $5,000 gain!
To put it another way…
Warlock’s World lifetime subscription paid for. WIth ONE. TRADE.
For my community members with smaller accounts, even 100 shares could have netted a more than $500 gain.
There’s 253 trading days per year…
A $500 gain every day would be over $125,000 per year.
Mind you, this was on ONE. TRADE.
8-Baller still had time to break down trading opportunities on stocks like Signet Jewelers (SIG), Freeport-McMoran (FCX), and Commercial Metals (CMC).
Of course, not every trade is going to provide the kind of opportunity that WRBY did.
But for our Warlock’s World community, we don’t “pick” one stock, spoonfeed a trade and say good luck.
8-Baller and I TEACH the VWAPians how to find and make these kinds of trades for themselves.
And it’s so comforting to know that even when I’m waking up at the omelette bar at Caesars Palace, 8-Baller is there to guide the Warlock’s World community to continued VWAP success.
Make sure to tune in to the big room TODAY at 1 p.m. ET as 8-Baller closes out the week as only the BEST VWAPians can!
That’s all for now!
Kenny “The Warlock” Glick
March 18 2022