My students and I are finding opportunities to trade DESPITE an overall sketchy market.
And the stock that we’re watching right now is poised to shoot higher …
All the while, major indices like the S&P 500 ETF Trust (NYSE: SPY) are trading near September’s lows.
Take a look at the SPY chart below, every candle represents one trading day:
We’re in a volatile overall market. But the sentiment isn’t consistently bullish.
That shows the benefit of trading in our small-cap sector:
We can take advantage of short-term price volatility without worrying about the larger-market sentiment.
For example, I traded yesterday’s biggest runner twice for a profit, and each trade only lasted a few minutes.
You don’t need to hold these shares very long when the price spikes like Bio-Key International Inc. (NASDAQ: BKYI) yesterday. The stock ran 210%* in less than 24 hours.
And traders who recognize my common patterns are free to take strategic gains.
- We’re not as exposed to the overall market.
- These positions are quick.
- We have key entry and exit areas thanks to the trading patterns.
I’m not the only one trading BKYI right now … see some of my student’s posts on X below:
Not sure how to follow these patterns? Use my AI trading bot to build smart positions on the market’s hottest runners
Hurry up! We could see another HUGE trade opportunity from BKYI today …
Here’s Why:
I’m always interested in the most volatile stocks that have bullish news.
I didn’t know BKYI was going to spike 210%* on Tuesday … Instead, I saw that it already spiked 110%* in premarket and I noticed that it had real news:
- On Tuesday morning, we learned that BKYI was awarded $500k in new orders from one of the world’s leading defense ministries. The order’s are for BKYI’s biometric-identification system.
This is a government contract for an actual product. That’s big news for a tiny stock, previously trading just above $1 per share.
Plus, StocksToTrade shows that the float is only 1.6 million shares …
The low supply of shares in the float ensures BKYI’s volatility.
It’s a simple law of supply and demand … when there’s a low supply, the price will spike higher when demand increases. And anything below 10 million shares is considered a low float.
BKYI prices dipped after the initial spike on Tuesday, but the chart didn’t give back all of its gains. That’s a hint that there could be a follow-up bounce.
Take a look at BKYI’s move from Tuesday, September 10. Every candle represents one minute:
That consolidation into the afternoon is a great sign!
Stocks in our niche like to bounce between lines of support and resistance. The lines are created by past price action, and they usually occur around psychologically significant numbers, like whole numbers.
In the case of BKYI, we can see clear intraday consolidation around $2 … That’s also the level it spiked to during premarket.
These stock movements are NOT random!
Even if the price dips lower from here, we know that this stock likes to follow support and resistance. That makes it tradeable.
My students and I are using specific patterns to profit from these runners …
Two of my trades from BKYI are posted below. Take a look at my notes:
In 2024, it’s easier than ever to follow my trading patterns!
Over several months between 2023 and 2024, I was able to teach these patterns to an AI bot.
The patterns that I trade with are always the same. They repeat in the market. I switch from one hot stock to another, over and over again.
It was only a matter of time until the AI caught on …
>> Use AI To Track The Hottest Stocks That Follow My Patterns <<
There will be more opportunities to profit this week.
Especially this Friday …
Cheers.
*Past performance does not indicate future results
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