Howdy traders, it’s Bryce here.
The markets were closed on Monday.
Which means the stocks in our niche had an extra day to wind up and build momentum.
Trading could get pretty wild today …
And I’ve got my eyes on a very specific stock.
News came out on Friday after the closing bell and the price spiked in after-hours trading.
When the market opens today, It will have had three whole days to build momentum.
I’ll share the ticker with you in today’s letter. Keep reading …
Morning Spikers
Stocks are really volatile right after the open.
That first hour, 9:30 – 10:30 A.M. Eastern is a great time to trade.
And usually, the best trade opportunities come from tickers that release bullish news right in the morning.
Today I’m glued to my breaking news alerts just in case there’s a huge runner with a hot catalyst.
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Tim Sykes here…
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Even if you’re skeptical, at least take a look at what I have to say before writing this off as a scam or too good to be true.
Are you ready?
But I’m also watching Owlet Inc. (NYSE: OWLT).
The float is only 80 million shares. The price spiked 79% in after-hours last Friday.
The company sold $30 million worth of stock to a private investor.
And it has a history of spiking throughout 2021 and 2022.
Here’s the after-hours spike …
OWLT chart 1-minute candles Source: StocksToTrade
The consolidation around $0.5 is textbook.
I’m hoping to see this stock push higher today.
Keep an eye out for any other tickers with a hot catalyst or breaking news.
If I’m trading, there needs to be a reason for the run. Those are the best plays to focus on.
See you in the next letter.