# When Having a Good Plan Pays Off

Canonical: https://tradersdailydirection.com/when-having-a-good-plan-pays-off/

Last Thursday, I told you about [**Oramed Pharmaceuticals Inc.**](https://tradersdailydirection.com/this-watchlist-stock-is-up-28-in-just-three-days/) (ORMP)...

This Watchlist stock was up nearly 30% in only three days from our entry trigger.

But that’s not the only **_Traders Daily Direction_** idea that has worked lately.

In fact, two stocks from this week’s Watchlist are already up nicely.

Shares of **TechTarget, Inc.** (TTGT), the enterprise software company, have rallied as high as 5.2% since the start of the week.

And data storage solutions provider **Pure Storage, Inc.** (PSTG) rallied as much as 5% from Monday’s open before settling back down.

Both stocks are still trying to emerge from their longer-term cup-and-handle patterns, however...

So, there could be more gains in the works.

![TechTarget, Inc. (TTGT), Pure Storage, Inc. (PSTG) & Avid Technology, Inc. (AVID) Week to Date Performance](https://lh4.googleusercontent.com/iBX5Ptk0kfusWPtkz5pZQWe_lyWi9VJec4uzS9UpRSSsvBniDtEQZsukTl19na4VJ2Oyec7kUROr75S06pJE6jzp7zfbZh8bETKOx_dbfs2mNSPIX7Q20lJcpQxwrNA-_ly_MF0h)

**_TechTarget, Inc. (TTGT), Pure Storage, Inc. (PSTG) & Avid Technology, Inc. (AVID) Week to Date Performance -- Source: TradingView_**

Also note that while **Avid Technology, Inc.** (AVID) is down for the week, it never got high enough to trigger [**my level of $30.85**](https://tradersdailydirection.com/stock-watchlist/).

## **Looking Back**

Looking back to the Nov. 1 Watchlist, ORMP wasn’t the only stock that soared.

Shares of **Revolve Group, Inc.** (RVLV), which originally appeared on the [**Oct. 18 Watchlist**](https://tradersdailydirection.com/these-stocks-are-setting-up-to-surge-as-markets-rebound/), also saw huge gains.

From the original move above the entry trigger at $71.10, the trade would be up over 19% at Tuesday’s high of $84.75.

And from the [**second Watchlist appearance**](https://tradersdailydirection.com/the-small-cap-surge-stocks-you-need-to-know-about/) and the entry trigger at $75.15, the trade would be up nearly 13% at Tuesday’s high.

![Daily Chart of Revolve Group, Inc. (RVLV) with Volume](https://lh4.googleusercontent.com/yavQaXoNqUo9V3lljSZdA0oqlEe54ixnKZ2OxY0S_UY35lIxgec0MTZIGg2D12pPCXnNQfnL_cip0r-WvorUt-pOehWolHlvnjtixYCa1axypllaP8wLtxxfhCMW3k1p70fUzozh)

**_Daily Chart of Revolve Group, Inc. (RVLV) with Volume -- Source: TradingView_**

RVLV initially broke above the $71.10 entry trigger and then “squatted” for a few days. I’ve told you all about this before…

For a few weeks, [**RVLV was in Squat City**](https://tradersdailydirection.com/how-to-handle-the-squat/).

But this actually turned out to be a good thing for this particular idea.

By Nov. 1, we still hadn’t seen the big move I was looking for, and price had contracted even further to set up an even better entry at $75.15.

Then, as the breakout above resistance began, we saw volume start to surge.

That’s always [**a good thing to see on a breakout**](https://tradersdailydirection.com/how-volume-tips-me-off-to-surging-stocks/).

We’ll continue to work this trade, while likely taking some profits along the way, with a sell stop at $69.40.

## **Are You Following?**

Now, I don’t say all this to brag about my trading calls. Of course, I don’t claim to win every trade.

And I don't worry too much about enduring losing trades, because [**good traders have a plan to deal with inevitable losses**](https://tradersdailydirection.com/how-a-little-discipline-can-have-a-huge-impact-on-your-portfolio/).

Instead, I want to make sure you know how to follow my weekly trades, and I hope this has been a helpful example.

But if you’re unsure of how to best take advantage of these weekly trades…

Be sure to check out my recent article, [**How to Follow My Weekly Trades**](https://tradersdailydirection.com/how-to-follow-my-weekly-trades/), in which we walk step by step through how to know where I’m buying so that you can follow along.

Embrace the Surge,

![](https://lh3.googleusercontent.com/NB_cHajt0xvHCZ_gqv9Xde2-S0fNLhq0u5YOo0x28oZM7u2eaKmfb05g2-FN6W2KDU8FU2ZilOE3Y0XNKWiuHecvXcv3VKNg4x9sWX9cUiTml9dblJGN5t9nyvdKJ_sEdx5QE5x-)

Ross Givens

Editor, **_Traders Daily Direction_**