Hey traders, it’s Bryce here.
Every day there are new trade opportunities in the market.
Already this week we’ve seen huge spikers like …Â
- Virax Biolabs Group Limited (NASDAQ: VRAX) spiked 320%*.
- Applied DNA Sciences, Inc. (NASDAQ: APDN) spiked 260%*.
- Sonder Holdings Inc. (NASDAQ: SOND) spiked 190%*.
- GD Culture Group Limited (NASDAQ: GDC) spiked 230%*.
There are stock spikes like this every week.
These trade opportunities are free for the taking, but you’ve got to know how to play the volatility.
I learned a successful trading process from Tim Sykes, and I’m still using that process to navigate the market today.
See my post on X below:
Doubled my month … AGAIN! Sweet trade on $VRAX $1.95 to $5.7 pic.twitter.com/rgWqHKz7gO
— Bryce Tuohey (@TraderBryce) August 19, 2024
And I’m not the only trader that’s banking right now. See the post below from another one of the traders in our community:
(Source)
We’re using Tim Sykes’ framework to trade these volatile runners.
The patterns are always the same because people have the same emotions every time they see a huge runner: A combination of fear and greed.
Those emotions manifest as specific patterns in the market, and traders who recognize the price action are free to take profits.
Your Next Trade Opportunity
There will likely be stocks spiking higher today, Thursday, August 22.
But in order to effectively profit, we need to wait for the perfect setups. We can’t just trade the most volatile stocks at whim. Remember, there’s a specific process that we use.
For new traders, understanding and implementing this strategy can be difficult and frustrating.
By now you probably understand that the stock market can be a frustrating place.
Don’t worry, there’s a simpler way to approach these plays.
Every Friday, traders in our community are watching for a very specific setup.
The incoming weekend can inspire a certain price action on the market’s hottest stocks.
Let this be the only trade that you focus on right now!
All it takes is one good trade a week …
Plus, there’s no need to complicate things as we approach Friday.
Watch the pattern video below for more details:
Today is Thursday, which means you’ve got at least 24 hours to burn this pattern into your brain.
If there isn’t a stock that follows this pattern … Don’t trade!
This is where new traders get tripped up. They want to make money so badly that they enter sketchy trades. Trades that don’t actually follow our patterns.
Slow down. Take a breath. And watch for my favorite Friday price action.
Last week we got an alert to use this pattern on Richtech Robotics Inc. (NASDAQ: RR). See the chart below with the trade alert overlaid:
$RR was @timothysykes' weekend trade alert with an entry at 64 cents. It's doubled since then on hype of a new robot.🤖 Get Sykes' next alert >> https://t.co/KGz9maZDkg pic.twitter.com/H81TPZJOXF
— StocksToTrade (@StocksToTrade) August 20, 2024
Get ready for this Friday’s price action!
Cheers,
Bryce Tuohey
*Past performance does not indicate future results