Howdy, traders. It’s Bryce here.
Are you ready to trade on Monday?
There’s a lot of volatility out there!
I know things seem pretty gloomy right now. But that’s because you’re listening to the larger market. And I’ll admit … things are pretty crappy for Wall Street.
Get ready for a huge price selloff. The major market indices are close to plunging through support. Here’s a chart of the S&P 500 ETF Trust (NYSE: SPY) …
SPY chart 1-day candles Source: StocksToTrade
Monday could easily be the day it falls off a cliff.
But again, I’m not interested in which way the markets going. I just want the volatility.
Boom or bust, volatile price swings cause lower-priced stocks to spike.
And these are the hottest ones on my watchlist …
SOBR Safe Inc. (NASDAQ: SOBR)
The price is inching toward breakout levels right now.
It’s got a 6 million share float. And it recently announced a $6 million private placement.
Which means private investors will be able to buy shares. There are 4 million available for sale, and it looks like they’re pretty popular judging by this chart.
SOBR chart 1-day candles Source: StocksToTrade
Avenue Therapeutics Inc. (NASDAQ: ATXI)
It’s flirting with a breakout as I’m typing.
One of the best things about this stock is its ultra-low float. There are less than 1 million shares outstanding.
There’s a big reverse split pushing the price higher right now. If it breaks out successfully there could be another spike higher.
Spero Therapeutics Inc. (NASDAQ: SPRO)
This stock spiked on September 6 with FDA news.
Catalysts like government contracts and FDA involvement are really good at spiking prices.
Then the price cooled off for two weeks and voila … on September 22 it rocketed past resistance with more news.
Since then it’s been consolidating sideways really well. That’s a sign it could continue the breakout.
The chart looks great. It has a float of 29 million shares which is a little bit higher than the 10 million share target. But 29 million is still pretty low in the grad scheme of things.
SPRO chart 1-day candles Source: StocksToTrade
Don’t worry about the larger market.
Everything’s going to be. Prices will bounce back eventually. They always do.
But don’t waste your time waiting for a market reversal. There are amazing trade opportunities right now!
The only reason I’m able to capitalize is because I discovered the best framework from a legendary trading mentor. Some people get frustrated and quit before they ever figure it out …
But I didn’t because I found the right resource.
Don’t quit. Click the link above and discover your own financial freedom.
Want to be alerted to hot trade ideas before anywhere else?
Breaking News Chat is the alert service that traders can’t get enough of. Two former financial analysts scour the stock market and news for stocks that could potentially spike and alert the room allowing you the chance to get in on the action.
Check out the alert for WSRC on September 28th:
This is a tool you’ll want in your trading toolbox.