We are entering into a 2 new positions today that we see a lot of potential in for the next few weeks. See the details below:

Ticker: FLYW

Name: Flywire Corporation

Entry Price Range: under $19.00 (our entry price was $18.25)

Portfolio Allocation: 7% of our portfolio is allocated to this position

• As a reminder, we allocate our positions evenly. We currently have 14 positions so FLYW is 7%. If we add more positions, this will become diluted to a smaller portion of the portfolio

Why we like it:

• Momentum Swinging up: Since March this stock has been falling consistently and eventually it 50% drop in 6 weeks. In the past 10 days it has been trending back up a bit. We don’t expect it to fully recover (that would be a 100% return….which would be awesome) but getting 10-15% looks very likely.

• Analysts Love It: It is maintained as a ‘Buy’ or ‘Strong Buy’ from virtually every analyst tracking the stock and it’s 1 year price target is 60-100% higher than its current price

• Options Pricing Signals Upside: Call Options at the money are pricing this stock at $19 at expiration 3 weeks from now on 6/21.

Ticker: RIVN

Name: Rivian Automotive

Entry Price Range: under $10.75 (our entry price was $10.50)

Portfolio Allocation: 7% of our portfolio is allocated to this position

• As a reminder, we allocate our positions evenly. We currently have 14 positions so RIVN is 7%. If we add more positions, this will become diluted to a smaller portion of the portfolio

Why we like it:

• Momentum Swinging up: RIVN has been range trading for the past week but momentum looks to be increasing. Heikin Ashi candles are flashing green and we’ve crossed the 50 period moving average. So it’s looking like we might get some sustained movement upward