Howdy traders, it’s Bryce here.
Currently, markets are in a bit of a lull.
Major indices are consolidating sideways as we head into the Holidays.
I’m just waiting for prices to choose a direction.
There are two major days this week to keep in mind …
- The markets are closed Thursday, November 24, 2022, for Thanksgiving.
- The markets close early the following Friday, November 25, 2022, at 1:00 P.M. Eastern.
Fewer trading days in the week could act as a major catalyst for increased volatility.
While today has been rather calm … it won’t stay like that forever.
And since the Holidays are upon us, we’re likely to see some truly massive runners.
There’s a huge pattern I keep an eye out for.
The mother of all spikers.
Sykes showed it to me. I’ll include it after today’s watchlist …
#1: Cardio Diagnostics Holdings Inc. (NASDAQ: CDIO)
This is my number one watch as Monday closes.
The float is only 6.3 million shares. The volume shows 4.5 million shares traded.
There’s news of an upcoming investor conference presentation.
It’s set to take place on December 1, 2022.
There’s an old trading rule that goes, ‘buy the rumor, sell the news’. And it means, don’t hold shares as news drops.
No one knows what will happen to the share price. Don’t try to gamble it.
Instead, trade the volatility directly before and after the event.
The price took a massive dive in October from $10. It looks due for a bounce …
CDIO chart 1-minute chart Source: BitcoinWisdom.io
That’s the only mover from Monday I’m watching on Tuesday.
Like I said, things are pretty calm right now.
But it’s about to heat up. And it can happen quickly. Especially during the holidays …
I’m looking for one major pattern. A stock spike that offers multiple opportunities to profit.
Tim Sykes showed it to me. And if you’re looking to capitalize this season …