Hey traders, it’s Bryce here.
There’s a PERFECT trading opportunity this week for new traders.
Especially new traders who work a day job …
This email hits your inbox on Thursday morning.
Which means you have more than 24 hours until it’s time to make this trade …Â
We look for a very specific price action on Friday afternoons. The incoming weekend causes a buffer that can result in a Monday-morning gap up.
As people look for hot stocks during the weekend, Friday’s hottest runners get an extra few days of speculation. Some traders will buy shares on Saturday or Sunday, to be executed on Monday morning.
Our goal is to sell into that bullish morning spike.
For example, last week we saw a perfect move from Firefly Neuroscience Inc. (NASDAQ: AIFF).
My mentor, Tim Sykes, snagged a 30% profit from this runner! Take a look at his trade notes below:
Source: Profit.ly
You’ve got more than enough time to study this price action and prepare for Friday’s runner.
Notice on the trade above, Sykes didn’t make his trade until 3:39 P.M. Eastern. You don’t need to pay attention until 2:59 P.M. Eastern, an hour before the market closes.
Watch the video below for more details:
Now, let’s analyze Sykes’ trade last weekend so that you know what to look for …Â
The Weekend Trade
It’s important to understand that we’re looking for specific price action from the market’s hottest runners.
We can’t just apply this pattern to random stocks.
The hottest runners will give us the best chance of success. And the hottest runners always have a catalyst that accompanies the spike.
With regard to the AIFF opportunity last weekend: A few days earlier, on October 16, the company announced a partnership with Bright Minds Biosciences Inc. (NASDAQ: DRUG).
And just a day before that, on October 15, DRUG spiked 1,400%*.
AIFF spiked 80% on October 16 as a direct result of the news.Â
Sykes’ Friday entry was two days later, on October 18. Take a look at his trade overlaid on the chart below, every candle represents one trading minute:
AIFF chart multi-day, 1-minute candles Source: StocksToTrade
It just goes to show, you don’t need to be early for these trades.
Sykes took advantage of a follow-up bounce from a much bigger run that happened a few days earlier.
Which means, this Friday’s weekend winner could have already spiked earlier this week …
Make sure that you have eyes on the biggest runners right now: Tune in for our trading live stream!
>> This Is The Friday Price-Action That We’re Looking For <<
Cheers,
Bryce Tuohey
*Past performance does not indicate future results