Today’s The Day!

by | Jun 18, 2024

Hey traders, it’s Bryce here.

Happy Tuesday!

The market is closed tomorrow, Wednesday, in observance of Juneteenth.

And there are specific profit opportunities for traders as a result of the market holiday this week.

When the market is closed, market news has more time to circulate. That helps to build hype and bullish momentum for specific stocks.

The same thing happens on weekends. And we use the weekend pattern to take advantage of potential gap ups. See the video below:

When the market is closed for a holiday, thereby shortening the trading week, we often experience more volatility than usual … 

Here’s why: Degenerate traders are trying to squeeze out the same amount of profits from fewer trading days. The added desperation increases the chance of volatility.

A normal weekend gap-up could grow substantially as a Tuesday to Thursday trade … 

Key Price Action

The video I embedded in the intro helps A LOT.

But the more charts that a trader sees, the faster they’ll recognize this price action in real time.

To give you the best chance for success today, I included some charts of past stocks that followed this framework.

Below is a chart of Nano Nuclear Energy (NASDAQ: NNE) from June 14 to the 17. Every candle represents one trading minute:

NNE chart multi-day, 1-minute candles Source: StocksToTrade

Below is a chart of Replimune Group Inc. (NASDAQ: REPL) from June 7 to the 10. Every candle represents one trading minute:

REPL chart multi-day, 1-minute candles Source: StocksToTrade

Below is a chart of Genprex Inc. (NASDAQ: GNPX) from May 31 to June 3. Every candle represents one trading minute:

GNPX chart multi-day, 1-minute candles Source: StocksToTrade

Below is a chart of AEye Inc. (NASDAQ: LIDR) from May 24 to the 28 (a long weekend due to Memorial Day). Every candle represents one trading minute:

 LIDR chart multi-day, 1-minute candles Source: StocksToTrade

To the untrained eye, this price action might look completely random. But nothing is further from the truth.

There’s a key commonality between these charts that we can use for success.

Not sure what to look for??

Watch the video below! We’re using the classic weekend pattern to find swing trades TODAY, Tuesday, before the market closes for the Juneteenth holiday.

Get ready … 

This is the #1 trade to make today.

Don’t waste this profit opportunity. But, if you miss Tuesday’s runner … There will be another chance this coming Friday!

Cheers,

Matt Monaco

 

 

*Past performance does not indicate future results