Hey traders, it’s Bryce here.
The volatility that we’re seeing in the market right now is perfect for small account traders.
Yes, it’s driven by a lot of fear, but it’s STILL useful volatility.
See, the patterns that I use to trade … The same patterns that Matt uses … They’re based on human psychology.
When people are stressed, like they are right now, they’re more likely to follow a specific thought process (or framework) in the market.
And traders who recognize this specific price action can ride the momentum for profits.
It’s easier said than done. But that’s why Matt and I are here, to push you in the right direction.
For example, in today’s blog we included a watchlist of the hottest stocks in play right now.
Add these tickers to your watchlist. And if you’re unsure how to play them …Â
Enter the stock into our AI trading bot and follow the trade plan that it spits out.
Our AI bot follows the same psychological patterns that Matt and I use to profit in the market.
And there are more opportunities this week! Take it from Matt …Â
No question, best market in years 📈 https://t.co/9va7Et8dhC
— Matthew Monaco (@mono_trader) July 30, 2024
Now, let’s get to the watchlist!
Top Trade Setups Right Now
All of these stocks have already spiked.
They’re still in play because the price is either still trading near the highs or consolidating.
As traders, we can find multiple opportunities on a single stock across multiple trading days. Keep these stocks on your watchlist for follow-up moves!
The first stock we’re discussing is a perfect example of this …Â
#1: Lumen Technologies Inc. (NYSE: LUMN)Â
It spiked 260%* this week after the company announced $5 billion in new business driven by AI demand.
And the stock was already on a multi-day run before it surged this week. Take a look at the chart below where every candle represents one minute:
LUMN chart multi-day, 1-minute candles Source: StocksToTrade
Notice how the chart is consolidating at its current level …Â
That could mean an explosive move upward or downward.
And using Sykes’ framework with the AI trading bot, we can trade both scenarios!
#2: Serve Robotics Inc. (NASDAQ: SERV)
On July 18, the market learned that NVIDIA Corporation (NASDAQ: NVDA) had a $3 million stake in SERV.
All these days later, the price is still up! And the intraday volatility is still showing us solid trade setups.
Take a look at the chart below:
SERV chart multi-day, 3-minute candles Source: StocksToTrade
Specifically, we’re looking for panic dip buys on this stock.
#3: T Stamp Inc. (NASDAQ: IDAI)
On August 7 this company announced $5 million of new income thanks in part to its newly licensed AI-based technologies.
Plus, StocksToTrade shows that the float is only 10 million shares. And the low supply of shares helps prices spike higher when demand increases …Â
The price spiked 80% after the news came out, but the chart dipped a few hours later.
The stock has a huge history of spiking, so I think there’s definitely a chance that it gains more momentum as this news circulates.
For example, IDAI spiked 320%* over multiple days in August of 2023 and spiked 240%* in April the same year. Let’s see if it can mimic that price action again.
Take a look at the chart below showing IDAI’s past spikes …Â
IDAI chart multi-month 1-day candles Source:Â
I like the catalyst behind the most recent move on IDAI. The AI sector is still hot in 2024!
And the float is low enough to encourage another spike.
Get ready! Use AI to find smart entries.
Cheers,
Bryce Tuohey
Hidden Market Loophole = Incredible Gains?!
Ever wondered how to make money when the stock market is closed?
Tim Sykes has the answer, and it’s a game-changer … He turned $12,000 into $1.65 million while in college…
Now he’s sharing one of his favorite strategies with you today.
It’s a hidden loophole that regular folks are using to unlock incredible gains…
This isn’t your typical trading strategy — it’s revolutionary.
*Past performance does not indicate future results