Hey traders, it’s Matt here.
This 2024 post-election market is red hot!
Right now, Bryce and I are finding trade setups all throughout the week.
Take a look at Bryce’s post on X below:
Fine fine we'll keep the longs going $MULN pic.twitter.com/TG6K0Ky4k9
— Bryce Tuohey (@TraderBryce) November 12, 2024
The profit opportunities start again on Monday …
In today’s blog, I’m going to show you how our trading mentor, Tim Sykes, grabbed a 16% profit last week in a matter of minutes.
There’s no one better to learn from than the master himself!
Hopefully you can replicate this process on the next spiker. Because it was a routine trade!
Sykes, Bryce, and myself … We all use the exact same patterns over and over again.
The spikes that you see on Monday won’t look exactly like the stock spike that we cover in this blog. Every spike is a little different.
But the price-action pattern is the same. That’s what you need to focus on.
Study This Pattern
On Friday, November 15, SIMPPLE LTD. (NASDAQ: SPPL) started to spike during premarket.
Premarket spikes are really strong right now. Make sure that you wake up early on Monday!
SPPL announced in the morning that it won a $400k contract to supply the Singapore International airport with autonomous cleaning robots.
You can see on the chart below when the news came out, the stock immediately started to spike. Every candle represents one trading minute:
SPPL chart intraday, 1-minute candles Source: StocksToTrade
The price started to spike.
Then it pulled back and consolidated a bit.
That’s when we aim to buy shares. In the consolidation. We use the consolidation level as risk and wait for the momentum to push the price higher.
Take a look at Sykes’ trade notes below:
Source: Profit.ly
Take a look at his position overlaid on the chart:
SPPL chart intraday, 1-minute candles Source: StocksToTrade
The stock spiked for a full 10 minutes before Sykes found an entry that he liked.
That’s key! Don’t rush this process. Stay patient and wait for an entry that matches this pattern …
Catch The Next Spiker
StocksToTrade alerted the spike right when it started to run. Everyone should be using the Breaking News system to find these runners!
Take a look at the alert overlaid on the chart below:
SPPL chart intraday, 1-minute candles Source: StocksToTrade
Here’s what you need to do on Monday morning …
- Wake up early.
- Make yourself a cup of coffee.
- And wait for the next Breaking News announcement.
We’re looking for big stock spikes that offer dip-buying opportunities.
Breaking News will point out the hottest runners, just make sure that you’re ready to go!
Cheers,
Matt Monaco
*Past performance does not indicate future results
This 14X’d After Trump’s Victory
A huge mixture of stocks historically make ballistic moves over the 90-day period following the election. Now that President Trump’s victory is in the books, this historical window of massive gains is returning, and Tim Bohen has pinpointed 5 tickers with the biggest potential.
On Wednesday, at 8 PM ET, he’s revealing more details of his top 5 tickers for the post-election surge, including the reason he is confident they could see moves that rival the winners I just mentioned.