Howdy traders, it’s Bryce here.
How did you do yesterday?Â
The markets took a sizable dive.
For big market players, it was a painful day.
But for small account traders, the opportunities persisted!
That’s the beauty of this niche.
We’re trading low-priced stocks. There’s not much room to go except up. Especially when there’s a bullish catalyst.
But there are a lot of different ways to trade …Â
So today we’re going to cover three different stocks. One from each of these three traders …Â
Tim Sykes, Tim Bohen, and yours truly (Bryce Tuohey).
Pay attention to the strategy for each.Â
Let’s get to it …Â
#1: Tim Sykes
Sykes’ favorite strategy is the panic dip buy.
After a stock overextends and traders start to exit positions, the price falls dramatically.
Intraday there are opportunities to buy the bounce after a huge panic. The price falls so fast that a bullish rebound occurs.
And one of the stocks he’s watching is GlobeStar Therapeutics Corp. (OTC: GSTC).
Look at the run-up so far …Â
GSTC chart 1-day candles Source: StocksToTrade
Now we just have to wait for the crash.
#2: Bryce Tuohey
I’m squeezing my pick in for number two!
The ticker is Cosmos Holdings Inc. (NASDAQ: COSM).
It has a relatively low float; 76 million shares.
The volume shows it traded +200Â million shares yesterday.
It’s likely a massive short squeeze since the stock is close to delisting.
Prices are pushing the high from last Wednesday. I want to see it pull back a bit, bounce off support, and rocket through the high on big volume.
It’s a breakout strategy.
Here’s a chart …
COSM chart 5-minute candles Source: StocksToTrade
#3: Tim Bohen
And last but not least, Bohen’s pick.
He claims to have found the next ‘supernova’.
It’s a term Sykes invented to describe massive spikers like AMTD Digital Inc. (NYSE: HKD). +32,000% in less than a month. Look at this chart …
HKD chart 1-day candles Source: StocksToTrade
I read the report. And it’s pretty convincing.
My hat goes off to Bohen.
The price hasn’t started spiking yet. But it’s got all the characteristics of a legendary runner …
- Low float
- Hot sector
- Past volatility
- Competitive revenue structure
- Billionaire investor
I could go on and on.
But here’s the best part, Elon Musk’s acquisition of Twitter created the perfect catalyst.
Now it’s just a matter of days …Â
I can’t do Bohen’s report any justice.
You’ve got to read it for yourself.
There’s still time to make a plan. The dragon’s sleeping.
That’s it for today.
See you in the chat!