Over the last several weeks we’ve seen so many solid runners that it’s opened a door of opportunities for us.
Trading isn’t about taking large risks to make a large amount of money…
It’s about finding trades with small position sizes and taking quick profits.
The thing about these recent plays over the last few weeks is that they have become so predictable that you can trade them once, twice, or even more during their life cycle.
Some traders think trading the same stock and pattern over and over again can be boring…
But a lot of people who work a 9-5 job have to do the same thing over and over again.
Trading is all about finding perfect opportunities, and trading a stock as many times as possible if the pattern keeps popping up.
As we look to start another week, we are still seeing a lot of penny stocks spike…
And I don’t see this cooling off anytime soon!
So as things continue to heat up, here are three of my top stocks you should focus on and one HUGE thing you don’t want to miss!
Table of Contents
Riding The Wave
In the trading world, it’s important to understand that certain trading environment comes in waves.
For example, 2021 was a great year for the markets as I was able to profit over $1 million!
And in 2022, I am just over $130,000 in profits.
Not saying that $130,000 is a small amount of money, but it hasn’t provided us with all of the opportunities we saw in 2021.
But the good news is that we are starting to see things heat up!
The market moves in cycles as there are various factors that can alter its overall progression, for example, how is the overall economy performing?
This year alone we have had an uphill battle with the recent rise in interest rates and inflation, which could have been a factor in why we didn’t see as many big plays.
As the market continues to move through its cycle, you want to be able to identify when the market begins to shift so that way you can adjust your trading methods.
Over the last few weeks, we have started to see a lot of penny stocks pick up momentum…
We are noticing more spikers as of late, and we are seeing a lot more opportunities to dip buy than we have throughout the year…
And I don’t think this is going to end soon.
In fact, I expect this to continue for a while and I am going to ride this wave over the next several months!
Be sure to keep reading to see what the next big thing will be for traders…
Preparing For The Next Big Thing
At the end of last week, I was able to add a few more stocks to my watchlist.
How is your overall watchlist looking?
Since the start of December, we have seen a few Supernovas, and probably saw the largest one for 2022!
Take a look…
Nestbuilder.com Corp. (OTC: NBLD)soared an amazing 4,550%!
If you ever missed a Supernova, don’t worry, it’s not the end of the world…
There could be other possibilities to trade the stock on the way down.
In fact, I was actually alerted by StocksToTrade Breaking News about two other amazing opportunities…
Take a look…
Pharvaris N.V. (NASDAQ: PHVS)
Ambrx Biopharma Inc. (NASDAQ: AMAM)
Once again we are seeing several stocks spike, and this is the only beginning…
So if you missed these two recent trades, you’ll want to be sure you get StocksToTrade Breaking News so you don’t miss out on the next!
More Breaking News
- Unexpected Stock Volatility: GCTK Faces Investor Concerns
- AXT Inc. Shares Skyrocket Amidst Insider Activity and Stock Surge
- Lyft Stock Climbs with Expanded European Market After FreeNow Acquisition
- Key Takeaways
Also, make sure you add both of these to your watchlist for potential dip buying opportunities, but there is one other stock on my radar for this week…
Buying The Dip
A lot of these stocks that are spiking will end up in a possible dip buy.
This is why it’s important for everyone here to master this!
Focusing on these multiday, multiweek, multimonth runners is so important because it makes the morning panic so much more predictable!
Remember, we are looking for a fast panic near the market open…
So this is the third stock I am watching closely this week for more amazing dip-buying opportunities…
Global Developments, Inc. (OTC: GDVM)has been a multimonth runner, which you can see above.
Notice that there was the First Red Day just a few days ago, but the stock rebounded nicely since then…
But it’s important to recognize which pattern still has opportunities, and which ones don’t…
For weeks we have talked about Meta Materials Inc. (OTC: MMTLP)and all of the trading opportunities it has given us.
Unfortunately, it looks like MMTLP keeps selling off and this play is most likely dead so I won’t be expecting too many dip buying opportunities coming up as this approaches step #7 in my framework.
Final Thoughts
As we look to take full advantage of these opportunities this week, it’s important that everyone here is fully prepared.
I expect that we all will see several other opportunities ahead, and this market is just getting started.
Remember, not every big percent gainer will result in a dip buying opportunity so it’s important to wait for the perfect setup.
If the trade doesn’t work as planned, be sure to follow my #1 rule!
I am really excited about what this market is doing and I don’t want you to miss out on anything that is coming down the pipeline…
So be sure to study hard and I’ll see you back here tomorrow!
One Last Thing…
I have been teaching for over 15 years and I have seen a lot in this market. And right now I am starting to see the market shift in a way where it can produce stock spikes as high as 1,000% in just 24 hours! Be sure to see what you can do to prepare yourself on December 14 at 8PM ET!
Cheers,
Tim
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