This week’s Kyle Dennis Fast5 trade on Fuel Cell (FCEL) got a nice boost from Thursday’s Crestmark news.
I want to give you guys an example of a trade alert that Kyle sent out this week. Many people want to know if Kyle is just front-running subscribers in some kind of Kyle Dennis scam thing!
I have had great success learning and following Kyle’s trade alerts and I wanted to breakdown his recent $FCEL trade alert to show you that there is a method behind his alerts – not just random pump and dump stuff here!
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$FCEL was alerted on Monday in his Fast 5 Trade Alerts service.
I already paid myself on this Fast 5 Trade! So did this guy on Twitter….
Each week, Kyle alerts a new trade to his Fast 5 subscribers that makes me anywhere from 5% – 10% a week with just 5 minutes of my time.
Kyle is a multi-millionaire trader that runs multiple stock alerts services and Fast 5 is just one of 4 that he offers. In Fast 5 he trades small cap stocks and sends out his due diligence to members.
Facebook Group – How To Make Money With Stock Alerts Services
Come and join my Facebook group which has many traders that are subscribed to Kyle Dennis’s Trade With Kyle and Fast5 Alerts services. We help each other out!
If you are new to trading stocks, check out this article from my friend Mark. He made 10% on his account in his first month trading by following Fast5 and Trade With Kyle alerts. He is also a member of the Facebook group.
Kyle Dennis Fast 5 Trades Actual Member Review
There’s nothing like steady, consistent base hits to help build my profits.
That’s exactly how Kyle Dennis worked his way up from a $15,000 trading account to $7 million in profits.
I’ve heard from a number of you lately who are brand-new to the market, and it’s gotten me thinking more and more about my own early days as a stock trader. I lost a lot of money — half of my account! — before I finally found my footing with a simple, streamlined approach to trading.
This was Kyle Dennis’s Fast 5 trading strategy! Check out his FREE WEBINAR to learn more about this service.
As a Fast 5 subscriber, I’m already way ahead of where I was as a young trader. My guiding principle with this system is to keep it simple and stick with what works — reliable chart patterns, upcoming catalyst events, stocks with big short interest, and proactive position management.
Kyle Dennis Strategy and Experience
But before Kyle found his own mentor in Jason Bond, his trading approach was all over the place. He was trying to do too much, working outside his knowledge base, and his focus was scattered.
Kyle worked hard to save up $15,000 and put that money into a trading account. Of course, he was brand new to trading and like many of us… he struggled. He tried to be a jack of all trades, but that just led him to become a master of none.
You see, whatever strategy he read up on in books didn’t help him whatsoever, he was simply testing strategies that weren’t proven. He watched his account dwindle to just around $8,000.
He had knots in his stomach and he even considered stepping away from trading for good.
However, he realized it was his only ticket out and that he could turn things around quickly. All he needed to do was find an edge. So he went back to the drawing board and reviewed all of his trades.
He found out exactly what he was doing wrong and cut out those losing strategies. As he reviewed his trades, he discovered he did have some winners.
So guess what he did?
He tried to find a pattern with those winners, and it made a lot of sense to him.
Now, years of experience and millions in profits later, Kyle finally feels like he is ready to start doing what Jason has done for him and so many others — sharing his proven methods with less experienced traders, and showing them how to find their own path to profits in the market.
That’s exactly what Kyle is aiming to do with his latest stock alerts service called Fast 5 Trading. He wants you to cut through all of the noise, confusion, and bad advice, and skip right ahead to the work — and rewards! — of executing a profitable trading strategy every day.
Seriously, every trade I have executed with this Fast 5 service has been a nice winner! 100% of the time!!! You get Kyle’s best stock pick for the week sent to you every Monday morning.
Example Fast 5 Stock Pick – $FCEL
Now, I want to run through this week’s lastest Fast 5 play… let’s get into the basics of basing patterns.
Here we have an hourly chart of FCEL since mid-December.
The stock had a big run higher going into earnings, then it got hit with that bear gap reaction that Kyle mentioned in his initial alert on this trade.
FCEL shares cascaded lower after the initial sell-off, but on January 27 successfully tested support around the $1.50 neighborhood — site of the late December pre-bull gap highs. From there, it was a slow churn sideways for a couple of weeks.
That’s where our basing pattern emerges, as highlighted by that blue arc on the chart.
As you can see, this is nothing more than a period of consolidation after a big sell-off. The process of forming this “base” on the charts often occurs on low volume, as you would expect during the consolidation phase of a flag or any other chart pattern.
What’s happening here is simply the stock finding its footing after a big shove lower. FCEL successfully tested support around $1.50 again to start February, as the bears’ latest attempt to bury the shares was met with buying at that level.
With that support zone firmly established by multiple tests within a short time period, the FCEL basing pattern was locked in. The expectation is that the shares are now prepared to embark on a bullish phase, since the sellers have temporarily lost the battle with chart support.
And after I got into this FCEL trade, this consolidation/breakout action played out again on a more micro level over the course of this week, the very next day actually… the bull flag pattern came up.
The action of late actually looks pretty similar to the chart setup right before that gap higher into the January earnings report — and with 16.7% of the stock’s float sold short, there’s plenty of opportunity for a short squeeze to send this one flying.
This very basic pattern — consolidation followed by a breakout — can take shape a few different ways on the charts, and it can be played repeatedly with great success across any number of stocks. Think of triangles, wedges, pennants, flags… all of these are simply consolidation/breakout variants.
Here’s what happened with the stock after, just in case you missed it.
The stock broke above the consolidation area, and you could’ve locked in a nice winner there! I did!
Learn the ropes of this one basic setup, and you’ve got a killer trading tool under your belt already.
I also wrote up another detailed trade that I recently made with Kyle Dennis a few weeks ago.
Kyle Dennis Fast 5 Unbiased Review
Every week, I update my Fast 5 review that shows you every single trade that I make with this service. I hope that this will be the best Kyle Dennis Fast 5 unbiased review online!
You will see every email alert from Kyle and I explain EXACTLY how I traded the alert. No BS!
I hope that this Kyle Dennis Fast 5 actual member review has helped you understand the service better. There is NO Kyle Dennis Fast Five Trades scam – I promise!