Build Smart Trade Entries

by | Aug 25, 2024

Hey traders, it’s Matt here.

There is a process for profits in the stock market.

Bryce and I learned this process from Tim Sykes. And I still use it to trade today!

The patterns never change, they’re based in human psychology. As traders, we learn to apply these patterns to the next hottest stock.

And in 2024 there are A LOT of opportunities to profit using these patterns.

See my post on X below:

One of the most recent trade opportunities came from GD Culture Group Limited (NASDAQ: GDC). We got a trade alert from our AI trading bot on Thursday, August 22 for a potential surge.

And sure enough, the stock rocketed past the expected sell point.You can see the alert overlaid on the GDC chart below, every candle represents one trading minute:

Get the next AI trade alert from XGPT!

You can also prompt the AI with your favorite stock at any time and it will spit out a trade plan that follows our framework.

There are so many opportunities to profit in the market. And now that AI can track the hottest stocks, new traders can capitalize without any prior experience!

The Top Stocks Running Right Now

The stocks that we like to trade can be described by a few factors … 

  • A low share price.
    • Initially below $5 per share.
  • A high intraday trading volume.
    • A trading volume above 1 million shares shows popularity and liquidity.
  • A hot catalyst.
    • Every stock that we trade needs a reason to push higher.
  • An intraday spike above 20%.
    • Any stock that spikes 20% can spike higher … It can spike over multiple days too!
  • A float below 10 million shares.
    • Anything near or below 10 million shares is considered a low float. Also known as a low supply of shares. The low supply helps prices spike higher when demand increases.

I’ve got two examples to share with you.

#1: GD Culture Group Limited (NASDAQ: GDC)

  • It was trading below $2 before the current multi-day spike.
  • It traded 81 million shares on the first day.
  • It announced the launch of a new TikTok account to share AI updates.
  • On the first day it spiked 230%*.
  • StocksToTrade shows that it has 7.8 million shares in the float.

This stock is still in play because the price is still up!

Take a look at the multi-day chart below, every candle represents one trading minute:

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

#2: Applied DNA Sciences Inc. (NASDAQ: APDN)

  • It’s still trading below $5.
  • It traded 18 million shares on the first day of the spike.
  • The global monkeypox scare is causing low float biotech stocks like this to spike.
  • On the first day it spiked 40%.
  • StocksToTrade shows that it has 920,000 shares in the float.

This stock is still in play too!

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

Now, the patterns that we use to trade these stocks depend on the price action.

These stocks are in a slightly different place … Which means the strategy we use to trade them could be different.

Don’t worry, the AI trading system that we use can differentiate plays based on catalysts and price action. Enter these tickers into XGPT and follow the resulting trade plan!

Your next opportunity to profit will be Monday morning!

Plus, there will be more opportunities all week long. This 2024 market is electric.

Don’t miss out!

Cheers,

Matt Monaco

“Make this unique 2024 election-year trade”

According to millionaire trader and legend Tim Sykes, we may only have just days to take advantage.

It’s why he’s sharing this unique election-year trade, for free.

But he says if you wait to act, you’re going to be left out.

Tim claims we could see a potential 300% peak move the day after the event.

Click here now.

 

 

*Past performance does not indicate future results