Hey traders, it’s Bryce here.
Happy 4 of July!
The markets are closed today, in case you weren’t aware. Which means we have a PERFECT opportunity to prepare for Friday’s runners.
Shortened trading weeks can inspire increased volatility in our sector …
And, it’s a Friday …
AND, the 2024 market is still surging!
There are a lot of reasons to be excited right now.
For example, yesterday we watched Koss Corporation (NASDAQ: KOSS) squeeze 320% higher.
On the StocksToTrade chart below you can see the history of spiking and consolidation on the multi-day chart to the left. On the right we see the intraday spike with 1-minute candles:
KOSS chart Source: StocksToTrade
This was a HUGE runner on Wednesday. And it could show us profit opportunities on Friday.
But we have to use the right trading pattern:
Popular Price Action
Every Friday we look for the same price action!
Throughout this week we’ve already seen a lot of spikers …
- Senti Biosciences Inc. (NASDAQ: SNTI)
- Roadzen Inc. (NASDAQ: RDZN)
- Ocean Power Technologies Inc. (AMEX: OPTT)
- Annovis Bio Inc. (AMEX: ANVS)
- Koss Corporation (NASDAQ: KOSS)
But on Friday, if those stocks don’t follow THIS pattern, we can forget about them.
There’s no need to clutter your watchlist. Especially as a new trader!
Below is the video for the Friday trade pattern that we use to profit off of weekend runners.
Try to get your work done a little early to make room for this trade. Pay attention a few hours before the market closes.
Pay attention to the hottest stocks in the market and track the price action as we approach the end of the trading day on Friday.
Because on Monday morning, some of these stocks will be trading higher.
Tomorrow is your best chance to get in!
Cheers,
Bryce Tuohey
*Past performance does not indicate future results