We talked about this earlier in the week — Bitcoin had pulled back after hitting all-time highs.
Not surprising, right? After a major run like that, some selling is natural. It faded for four to five straight sessions… but today, it’s bouncing back strongly — up about 2.7% during lunchtime on the East Coast.
That’s the kind of action I like to see.
I’ve been saying it all week: I’m still very bullish on Bitcoin in the near term. Over the next few months, I think there’s a clear path to $125k… and maybe even $150k at the top end.
That’s my peak target for this move.
Now, I know some people are calling for $175k, even $200k — and who knows, maybe they’re right over the long term. But for my style of trading? I think $125k is a solid first target. Especially if you’re someone who’s just dabbling in crypto or holding a small position, that’s a great level to work with.
Today’s bounce? That’s the kind of recovery I was looking for.
Remember: The recent selling wasn’t panic — it was profit-taking. And now that some of that steam’s blown off, we’re seeing strength return.
Bitcoin’s leading the charge today, and I wouldn’t be surprised to see that continue as we move through the month.
Apex Indicator: LLY
Well, the market has gotten volatile again! The president and his former friend Elon Musk are duking it out on social media and it’s causing some big-time volatility.
Shocker! But not everything is being affected negatively.
First, here’s our model portfolio for these free signals I share each week:
That 100% win rate won’t last forever, of course, but it’s great to see early success! There are no guarantees in trading, so trade at your own risk. But we’ll keep these signals coming because I want to show off the power of my Apex Indicator.
So, what stock is showing some strength during this volatility?
Eli Lilly and Co. (LLY). Here’s the chart:
It’s been making a nice bullish bounce off of support. And we’re seeing a blue arrow up, which is what we like to see.
Here’s a Wrap Order to play this signal.
Ticker: LLY
- 13 JUN 25 EXP.
- Buy to Open $765 Call.
- Sell to Open $767.5 Call.
Our target will be up around the $880 level. Our stop would be down around $612.
Remember, we enter these trades using wrap orders, and for more training on how to place wraps… go here!
That’s all for today. I hope everyone has a great weekend — join me and Nate at 10 a.m. ET weekdays for “Opening Playbook”!
Graham Lindman
Graham Lindman Trading
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*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
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Naturally, I won’t make any reckless guarantees when it comes to trading in the stock market, but you can…