Hey traders, it’s Bryce here.
ATTENTION: The last four Fridays, our mentor Tim Sykes bought shares for a weekend trade and rode the momentum into Monday morning for profits.
Take a look:
Source: Profit.ly
Source: Profit.ly
Source: Profit.ly
Source: Profit.ly
This email hits your inbox on Thursday.
You’ve got 24 hours to prepare for this Friday’s top trade entry …Â
This Friday’s Trade
There are only a handful of stocks that could follow our weekend pattern. But there are thousands of stocks moving everyday.
Don’t worry, I have a solution.
Traders in our community use a specific set of factors to whittle down the list to a few potential weekend runners.
This is the scan that we build in StocksToTrade:
- A float lower than 10 million shares.
-
-
- The low supply helps prices spike higher when demand increases.
-
- A price between $0 and $5.
-
-
- Cheap stocks can spike higher from a percent perspective. And we can load up on the shares because they’re cheap.
-
- A trading volume of more than 1 million shares.
-
-
- This shows us healthy liquidity and overall popularity of the spike.
-
- Recent news (available in StocksToTrade).
-
-
- There NEEDS to be a reason for the spike. Fuel for the rocket, you know??
-
- A spike of at least 20%.
-
- If it can spike 20%, it can spike higher. Wheeler Real Estate Investment Trust Inc. (NASDAQ: WHLR) spiked 160%* on Wednesday this week …Â
Once we have eyes on the hottest stocks in the market, we wait for the price action to set up into the afternoon …Â
This is a great aspect of the weekend pattern. We don’t have to wake up super early or skip work to make this trade. Just make sure you’re paying attention around 3 P.M. Eastern.
Watch Tim Sykes’ video below for the specific price action that we look for:
You don’t have to worry about trading today, Thursday … There’s no need to complicate things.Â
Just focus on Friday’s weekend pattern.
One good trade a week could make all the difference for your account!
Cheers,
Bryce Tuohey
*Past performance does not indicate future results