Howdy traders, it’s Bryce here.
How did you do yesterday?
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 …
So today we’re going to cover three different stocks. One from each of these three traders …
Pay attention to the strategy for each.
Let’s get to it …
#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 …
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 +200 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 …
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!