Monday Spike Alert!

by | Apr 27, 2024

Hey traders, it’s Bryce here.

Let me preface all of this by saying … There’s no such thing as a 100% guarantee in the market.

Traders take advantage of volatile price action using popular trade patterns. The patterns help us exit the trade if things fall apart.

It’s not luck, this is a science.

I’m about to share my #1 watch for Monday, but understand: There’s still a way to lose money if you play this stock incorrectly.

Follow the rules, and you’ll be just fine. Now, let’s get to it.

I’m basing this trade theory off of a spike that we saw last weekend, the stock was AGBA Group Holding Limited (NASDAQ: AGBA). The entire move measures 680% thus far. Take a look at the chart below, every candle represents one minute:

AGBA chart multi-day, 1-minute candles Source: StocksToTrade

My buddy Matt called this spike, too.

This was his weekend blog post that detailed the possible trade.

Now, let’s compare it to my #1 pick for this coming Monday.

#1 Stock To Watch

AGBA spiked after announcing news of a merger with Triller that would allegedly create a $4 billion company.

That’s a bullish catalyst for a tiny penny stock with a market cap. of less than $100 million.

And it helped that the float was only 15 million shares. Stocks with a low float can spike higher because the supply is constrained. Anything below 10 million shares is our goal, but 15 million is close enough.

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And beyond that…Says he can predict exactly when to get in… and when to cash out.

Before the market closed on Friday, April 19, this is what we noticed from AGBA:

  • A hot catalyst.
  • A small float.
  • An ability to spike and consolidate into the weekend.

Fast forward to this last week … 

Amesite Inc. (NASDAQ: AMST) spiked 110% on April 24 after the company announced the successful launch of an AI app that will “empower 5.2 million nurses”.

StocksToTrade shows that the float is only 1.7 million shares.

Take a look at the chart below:

AMST chart multi-day, 1-minute candles Source: StocksToTrade

It has:

  • A hot catalyst.
  • A small float.
  • An ability to spike and consolidate into the weekend.

As long as the price stays above $3 support, this stock is in play.

Don’t leave your account up to chance, we’re tracking this stock LIVE on Monday and Tuesday.

Matt is joining our mentor Tim Sykes, with some more millionaire traders, to break down this whole profit process. And they’re live streaming the conference on Monday and Tuesday.

Not sure how to trade AMST?

>> Follow along on Monday, this is a free ticket! <<


Bryce Tuohey