Top Penny Stocks to Watch for April 2022
We’ve seen a ton of sector runs recently — Chinese, oil, and weed stocks all had interesting spikes. Even meme stonks are back in action. There’s no shortage of plays. But I won’t chase anything in this market. See the stocks and patterns I’m focused on below…
Want to learn how to trade the next up-and-coming hot niche? Watch THIS now!
These are the hot penny stocks to watch for April 2022:
- Hycroft Mining Holding Corporation (NASDAQ: HYMC … read my analysis here)
- Mullen Automotive, Inc. (NASDAQ: MULN … read my analysis here)
- Creative Medical Technology Holdings, Inc. (NASDAQ: CELZ … read my analysis here)
Table of Contents
Top 3 Penny Stocks to Watch April 2022
My April watchlist is full of listed stocks. But I’m picking and choosing my trades carefully…
Chasing spikers can burn you in this market. And follow-up spikes and gap ups have been weak. That’s why I’m focused on trading Breaking News Chat alerts or dip buys.
See how I caught two of the biggest gainers in the entire market two days in a row! Watch the videos below:
- How I Caught The Biggest % Mover Of The Day ($ARGQ — 100% Move)
- How I Traded THIS 122% Winner (ECOX Stock)
And learn how to manage your risk with my FREE stock market safety course here.
Now, on to my watchlist…
Hycroft Mining Holding Corporation (NASDAQ: HYMC)
Hycroft Mining is a gold mining company.
Key points about HYMC…
- On March 15, HYMC announced that AMC Entertainment Holdings, Inc. (NYSE: AMC) invested $56 million in the company.
- HYMC did an offering of roughly 89.5 million shares that generated the company about $138 million. After the offering closed the stock squeezed almost 100% in two days.
I won’t chase anything up too high in this market. Runners have all proven they can come down fast, so I’m watching HYMC for a potential dip buy into any big morning panic.
Mullen Automotive, Inc. (NASDAQ: MULN)
Mullen automotive manufactures and distributes electric vehicles.
Key points about MULN…
- On March 30, the Breaking News Chat alerted a tweet quoting the CEO as saying, “A fairly large company will be buying the company’s van vehicles in the close future.”
- I bought it after the news alert dropped. I took a quick single and made $1,050 on my trade.
- MULN spiked roughly 30% after the news and climbed even higher after hours.
MULN could turn into a ‘buy the rumor, sell the news’ type play. So stay safe and remember to take profits into strength!
I’ll watch MULN for a morning panic dip buy.
Creative Medical Technology Holdings, Inc. (NASDAQ: CELZ)
CELZ is a biotech company that’s been pumping out a bunch of PRs lately…
Key points about CELZ…
- The company announced positive study data for its chronic lower back pain treatment on March 23. The stock had a massive gap up after the news.
- On March 31, CELZ announced a collaboration agreement with the University of Miami to develop its immunotherapy platform.
- StocksToTrade’s Breaking News Chat alerted the most recent news in premarket.
Like I said, breaking news plays are working the best right now. But if you miss the initial spike — don’t chase. I’ll watch for a dip buy into a big intraday panic.
How to Use This Penny Stocks Watch List
Keep in mind that my strategies involve trading some of the fastest moving, most volatile stocks in the entire market. That said, some of the stocks on this list could be completely out of play by the time you read this. (Yes, even after only one day, stocks sometimes leave my list.)
The point is … don’t use this list as a signal to buy any stock. I don’t put stocks on my watchlist based on fundamentals. It’s not that I don’t look at fundamentals. But I’m not gonna lie to you. (Like so many other ‘top penny stocks to watch’ articles.) I won’t tell you to buy and hold a stock because “the market is undervaluing this stock.”
Frankly, that kind of thinking with penny stocks is … total BS. Most penny stocks fail. Just like most traders — roughly 90% — lose. So use this list — and each of my monthly penny stocks to watch lists — as a tool for learning to create your own watchlist.
Can You Trade Penny Stocks?
If you’re brand new to penny stocks a great place to start is with my FREE penny stock guide.
Once you go through the entire guide, I suggest you read “The Complete Penny Stock Course” written by my student Jamil (I wrote the forward). That book answers so many of the most frequently asked questions that it blows my mind more people haven’t read it.
With the internet and online brokers, you can trade penny stocks from anywhere in the world. As far as the basic requirements, you only need a decent laptop, solid Wi-Fi, and a trading account. But don’t be fooled into thinking you’re gonna succeed if you jump right in.
Why?
Because 90%+ of traders lose. So be willing to invest in your education — because if you don’t, the market will make you pay a much higher price
Now for five tips on how to choose the best penny stocks to watch…
5 Tips on How to Choose the Best Penny Stocks to Watch
Tip #1: Look for Big Percent Gainers
My method of choosing which penny stocks to watch always starts here. At the end of every day — and again in premarket — I look for the biggest percent gainers. And that’s what I focus on. I’m not interested in stocks that aren’t on the move.
I use StocksToTrade stock scanning software. With 40+ built-in scans — some created specifically for my strategies — it’s amazing right out of the gate. Yes, you can also create custom scans. (Hint: when you start using the software there’s a bunch of training videos on how to set those up. Take advantage.)
Tip #2: Look for Big Volume
The next thing to look for when choosing the best penny stocks to watch is trading volume. Sometimes a stock makes a big percent gain, but the trading volume is so low it doesn’t make sense to trade it. One of the top penny stocks to watch this month, Rivex Technology, is tough to trade because the volume is so low.
So after I find the big percent gainers, I organize them according to trading volume. Be aware of dollar volume traded, too. If you have a true penny stock trading at 2 cents a share, and it trades one million shares, that’s still only $20K. You have to be meticulous.
Tip #3: Look for a News Catalyst
The next thing I look for when choosing penny stocks to watch is what’s making it move? Is there a press release announcing a new contract? What about positive earnings? In biotech and pharma penny stocks you might see news of test results. Read this post to learn more about catalysts.
(Also read chapter II.7 Understanding Catalysts in “The Complete Penny Stock Course.” If you already have the book … it starts on page 183. If you don’t have it … get it now.)
Tip #4: Look at the Long-Term Chart
When you’re trying to find the best penny stocks to watch, it’s easy to get fooled by one-day or one-time spikers. So look at long-term charts to see if the stock has a history of multi-day runs or has gone supernova in the past.
Which long-term charts? As many as you have time for, really. But at the very least, look at the one-year chart. I like to look back a couple of years depending on the stock and the news. If the stock trades a certain way when the company announces a big contract, I want to know.
Tip #5: Use the Twitter Scanner on StocksToTrade
This might sound a little strange if you’re new to penny stocks. But if you want to understand which penny stocks to watch, one of the best ways is to see what others are watching. Or, more accurately, hyping.
Yes, Twitter has become a vehicle for influence with stock traders. Want to know which penny stocks are being heavily shorted because they’re up 50%? Check out Twitter. Use StocksToTrade because the scanner is built-in. All you have to do is open the Twitter scanner and, voila, you get a running feed of stock tweets. And you can customize the feed if you like.
Frequently Asked Questions About Penny Stocks
I get a lot of questions from students. Thing is, my students already accept that penny stocks provide a massive opportunity. And they’re studying to learn the strategies and rules.
But there are a lot of misconceptions about penny stocks. And I want to address a few of those now…
What Are Penny Stocks?
Penny stocks trade for $5 or less per share. These are the stocks of micro- and nano-cap companies. Many trade on the OTC markets, but you can find many penny stocks on the big exchanges like the NYSE and Nasdaq.
Are Penny Stocks Worth it?
Penny stocks are suitable as trading vehicles but not long-term investments. Most penny stock companies eventually fail.
Are Penny Stocks Dangerous?
All trading involves risk. If you are willing to learn appropriate patterns, rules, and strategies, penny stocks are no more dangerous than other trading instruments.
How to Watch Penny Stocks?
1.) Focus on big percent gainers. 2.) Look for high volume 3.) Search for a news catalyst 4.) Look for a history of spikeability on the long term chart. 5. Use a scanner like StocksToTrade. (StocksToTrade was designed for penny stocks.)
If Most Penny Stock Companies Fail, Why Not Just Short Sell?
Because it’s a very dangerous, overcrowded game right now. The level of risk so many moron newbie short sellers take these days is unconscionable. It’s completely crazy.
Of course, you can be successful as a short-seller. Many of my top students focus on short selling and I’ve personally made millions from short selling. But the number of messages I get almost daily from short-sellers getting caught in short squeezes is … scary.
How Much Money Do I Need to Get Started?
I’m going to say, again, invest in your education first. It doesn’t take a huge amount of money to get started trading. Different brokers have different account minimum requirements. (I use these brokers and avoid offshore brokers altogether.)
But the market will make you pay more if you aren’t prepared. Preparation is key. The stock market is a battlefield, so arm yourself accordingly. Keep in mind that my top students all studied hard over time to get consistently profitable. Tim Grittani — arguably the best penny stock trader in the world — didn’t make anything for nine months.
So before you fund a trading account, fund your knowledge account. If you’re not quite ready for the Trading Challenge, try Pennystocking Silver. It gives you access to more than 6,000 video lessons. (You also get access as a Trading Challenge student, of course.)
Conclusion
Your goal as a trader is to become self-sufficient. And my goal is to be the mentor to you that I never had. So I hope you’ll take this list of the best penny stocks to watch in February 2022 and use it as a learning tool.
👉🏼SUBSCRIBE to my FREE weekly stock watchlist here.
Focus on the process. The best way to learn which penny stocks to watch is to make a daily watchlist yourself. Follow the five tips above. It doesn’t matter if every stock on your list is not perfect. Or doesn’t play out the way you thought. You get better by making your daily watchlist and then seeing what happened during the trading day.
Remember…
… this list of penny stocks to watch is NOT a recommendation to buy penny stocks. Also, my results are not typical and I’ve developed exceptional skills over two decades of trading.
What do you think of the top penny stocks to watch for April 2022? Comment below — I love hearing from you!
Share
How much has this post helped you?
(17 votes, average: 4.76 out of 5)
Loading...
Hey Everyone,
As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well. I now want to help you and thousands of other people from all around the world achieve similar results!
Which is why I've launched my Trading Challenge. I’m extremely determined to create a millionaire trader out of one my students and hopefully it will be you.
So when you get a chance make sure you check it out.
PS: Don’t forget to check out my 30 Day Bootcamp, it will teach you everything you need to know about trading.
Interactive Brokers won’t even let you trade ENZC… time for a new broker recommendation.
Try sykeszero.com it’s the first time I’ve done this in 20+ years of trading!
Tim thank you for teaching us all that you have learned over the years. And since picking up the Thirty Day Bootcamp, And The Complete Penny Stock Course. My trading has improved and I’m grateful for that. Currently using Merrill, and Robbin Hood. Witch don’t offer penny stock trading. Am in the process of opening a E-Trade account that does offer it if I under stand correctly. And I know you have just recently mentioned another broker working with STT during Thanksgiving. What was the name of that broker? Looking to join STT and Profit.ly And start trading penny stocks. 👊
This video explains everything about my new brokerage account: sykeszero.com
I thought this post to be very helpful.
To Understanding on why to check in on Twitter about who else is watching the same Ticker/ Actually Hyping the ticker up can give an Edge over other Traders. The more you know the safer you can Trade in Peace.
hi, I’m thinking of buying your course. i have a question. if I buy the course, then you have like a group of students where we talk and discuss stocks? I’m new at this and i have some questions, like… would you sell or hold? etc etc
Contact my team here. They will answer all your questions. 🙂
Knowledge facilitates development.
All i can say is wow. This cleared up a lot of confusion for myself. I hear you say things but until i see it in real time or do things myself it really doesn’t click. Thank you Tim is all i can say.. You want to be a mentor That you never had.. Well You are one and should be proud of it. I see where your coming from. I used to be a truck driver. Witch paid around 1,200 after taxes. I thought i hit the jackpot with trucking. Brought me out of the slums And i thought everyone around me should become one. Instead of working two mid wage jobs and still struggling to survive. Then i realized Your getting decent money but your giving up your freedom. Working 6 weeks and off one is no life.. Then i found you back in 2017. Started to give me hope of a better life. I don’t know if you’ll ever end up reading this but thank you from the bottom of my heart for all the hard work you have done over the years to change peoples lifes. (:
I have an HP Chromebook and I understand STT will not work with this setup ? If not, I am crushed !! However, could/would you reccomend the screener YOU would use under my circumstances? Signed, HOPEFUL
I have an HP Chromebook-Does that negate me from using STT as a screener? If so, WOULD you please reccomend one YOU would use under this setup?
I use a MacBook Pro. Find StocksToTrade system requirements here.
What platform do you use to purchase on I cannot find any of them on the ones I currently use
see my brokers at https://tim.ly/sykesbrokers
Knowledge supports growth & development.
Hi Tim, I am doing the Bootcamp. My knowledge of stocks and trading was 0.0001. I am learning a lot but overwhelmed with too much information so I am very slow. I plan to finish the Bootcamp before I attempt to trade or to try the Pennystocking silver and hopefully eventually the Challenge. Do you think that is a good plan? I have an observation in this blog. All the charts are different from the stocks in your recommended watch list. Why is that?
Yes, keep studying and take your time. Too many people rush into trading without enough study first. Re: charts, not sure what you mean? I have several watchlists each week, plus this monthly watchlist, and my weekly. Remember, they’re watchlists — meant to help you learn my thought process and NOT recommendations to buy. NEVER follow alerts or trade based on another trader’s recommendation. Ever. Never ever. EVER. 😉
Hi My name is Ariel, I have a few questions for you, what would be your simplest advice for someone who doesn’t know anything about stocks let alone penny stocks. You also mentioned that penny stocks and stocks are a dangerous game to play, what would be your reasoning to convince someone to invest in stocks? You gave plenty of examples and advice for long term investment but what advice for people who just want to dabble in it to see what is it all about? I have a lot of co workers who are into stocks and I have thought about trying to see what it is all about but when it comes to money I think I get a little too scared. What would be the best way for me to start without ruining it for myself and possibly continue to invest?
Start with the https://tim.ly/30boot 30-Day Bootcamp for all the basics on my strategies.
So its a buy when it goes up super high but don’t buy when it is low. Gotcha
Ummm… you might want to study a LOT more. This is a battlefield.
Who’s the best brokerage to buy penny stocks without a fee?
see my brokers at https://tim.ly/sykesbrokers
how can i educate myself to trade these penny stocks
Watch my new https://tim.ly/30boot course & watch my NO-COST https://tim.ly/vsguide guide & read my FREE https://tim.ly/thebestrules rules & FREE https://tim.ly/pennystockguide guide & FREE https://tim.ly/timsbook book & FREE https://tim.ly/sykestube videos! Then apply for my https://tim.ly/sykesmc
Was very comforting seeing that one of your Jan penny stock picks was already in my own watchlist.
Nice
Hi Tim. My name is Joas Masekela, and I am from South Africa. I want to know which trading platform is good for trading penny stocks. And what advice can you give to a beginner starting out trading penny stocks?
Most of my international students use Interactive Brokers. Start learning with my https://tim.ly/30boot course!
I have been trading Penny Stocks off and on for about 5 years now… My watch list contained about 1/2 of your Jan 4th plays… I played OPTI, AITX, CBBT, CELZ, GAXY, TSPG, TSNP & ABML. OTHER STOCKS ON MY WATCHLIST ARE… ASTI, BANT, ATVK, ASDN, SANP. I’M SITTING ON TSPG RIGHT NOW… BOUGHT ON THE DIP AT .023 and ready to cash in tomorrow? I’ll see how in runs in the morning (.0359) at the close… hoping for 100% @ .046, but who knows? Same goes for AITX @.024, and I missed the 100% return at .05, cause I got a little greedy and it dropped back down. Lesson learned: sell at least 1/2 at 100% return, and let it ride if it looks good! I’ll take a 100% return in 2 days every chance it happens, instead of the fish that got away? Always tomorrow. I have my favorite Penny Stocks and I have been cashing out $500-$1000 every week since October 2020 on a regular basis. My confidence is up, and I am being more disciplined on buying in at the lowest support levels has been the key for me. I usually set it the night before and let the price drop to my bid. If it doesn’t hit, I have other low ball plays and been getting ahead right from the start. Feels good. I have taken courses and seminars on trading and I can play simple options, and just got into the futures market on a paper trading account with TD Ameritrade… think or swim. I also trade out of my Roth IRA with E-Trade, as well as TD Ameritrade. I don’t like doing taxes and I just made 62… early retirement, and trade for steady income, taking out only if I need to. Starting out small and looking to double and keep doubling until I reach my goals… 100K, 500K, $1,000,000? Give it a shot.
Good, but don’t get cocky. Going for 100% on every trade is crazy. Singles add up over time!
Do you still post Sunday and Wednesday watchlists?
Yes! Monday watchlist here and Wednesday biotech watchlist here.
Thank you for taking the time to post this list for us. Really appreciate the education. Currently studying your video lessons and I have the complete pennystock guide on my bookshelf (just arrived today from Amazon).
Have a good new years 🙂
P.s. Hope to be on your silver challenge soon as I can afford it ☺
Take it off the shelf and read it! Study it! Read it AGAIN! 🙂
Only been following for a month but have made some pretty impressive gains! I typically only pic one out of his list and only play with abt 1,200. Made a few hundred the first 3 weeks so not too shabby. Then with this last one he sent out (UVAS) IM UP %25! Thinking about upping my gamble to about 3k next time 🤪🤙🏻 Thanks for all the picks!!
Use my watchlists as a way to learn the process of making YOUR OWN watchlist. It’s NOT a buy list. Picks from someone else will never make you a self-sufficient trader. No go study and stop following other people’s picks/alerts.
Great lesson. Thanks for putting this together!!
🙂
Thank you Tim for all the little. Things you share as well as all the videos and challenges etc. I will continue to pour my extra time into building my knowledge account until one day we are have lunch as colleagues and friends! Be well till then.
Aspiring student Runangel40
what do you think of oncy?
Thanks !!!
Awesome Thanks for sharing this information
Hey Tim Steve here I’ve been now off and on with the stock market for over a year now. Yesterday was actually my biggest win yet. Canopy Growth. I bought 1 share for $15.50 on Thursday and sold it on Friday and I was shocked to even make $255. I go for well whatever my best options may be. If I don’t see the stock I bought moving anywhere barely usually I sell it right away just to make a few bucks. Now the Motley Fool is trying to say Aurora Cannabis is the best stock to buy in these weed stocks. Errrr not true I’ve been watching Canopy Growth for some time now and gave it a try and bam I made $255. I was very satisfied cause as I read your emails I know what to look for a little bit. Just that 1 trade there boosted my confidence back up and I would highly recommend everyone to give Canopy Growth a try. Why? Cause you gotta think Snoop Dogg and Martha Stewart run the show. 2 very well known ppl to start a company that is booming right now. I will have to check the stocks you were talking about I never heard of them. But have a good day everyone and be safe. And thank you Tim for the emails.
Ummmm… don’t promote stocks here. If you want to talk about a trade, that’s fine. But no pumping allowed. NONE of these companies are long-term investments. They’re trading vehicles.
Knowledge Account Increased!
Going thru you 30 Day Bootcamp and it is really great. I followed the study and was prepared for the $WKSP play in @0.023 and out@ 0.045…The study and prepreation will see you thru. Thanks for the video with Roland Wolf….good insight!!
YES!
Knowledge supports growth & development.
Hello how can I get the daily watchlist before market open. I received it in The afternoon at 2:00 pm
Use the watchlists to understand my thought process. Then make your own for trading. NEVER follow alerts from me or anyone else. Ever!
thanks, Tim. Appreciate your educational approach. I’m in The Challenge and studying to improve my trading. Got in on CYDY dip but out way too early.
Add to your reading list, includes 3 videos as well, and compliments this blog post.
In short, Big Percent Gainers, Big Volume, News Catalyst, Chart Breakouts, Confirm by reviewing long term charts. Be nimble, and remember the watchlist is NOT static, it is fluid. So, what is hot today, may not be tomorrow. Thanks for the info TIm!
https://www.timothysykes.com/blog/watchlist/
I have paper trades several of the stocks you have presented in this update. Still working on my watchlists and I always look at biggest %gainers, high volume, high volatility, catalysts if there is one, and I still have to work on twitter feed. Thank you.
Excellent Blog post on your Top Watch List of Penny Stocks, and the 5 tips on selecting which ones to watch. After recently finding you online during the lockdown and watching 60 hours of video lessons! One could learn enough to be better than the average trader. I’ll be the test… once I have saved enough based on your free lessons, I’ll be your next millionaire trader! And, keep it, tag it, save it, I’ll give 1/2 of all trading profits to your charity. It’s not about the money… it about the challenge!
Don’t know what happened half my message isn’t there.. I use Think or Swim as a platform. Created a scanner with this criteria. Current Price 30% and Volume >500,000. Would like our opinion on my thoughts? Still learning so using these findings for paper trading. Any fedback would be great.
Get in my https://tim.ly/sykesmc program for Q&A!
I learned a lot.
Thank you for all you do and teach Tim. You are the Penny Stock Pimp!!!! I’ve learned much from you but still much more to learn. I ran with $UAVS at .84 and got out before the news at 5.00. First Big Gain!!!
GOOD!
Thank you Tim, you have given more than what we paid for in our subscription, I’ve learned a lot about trading after reading and watching all your videos, I also admire how you tell the truth early in your teaching that most traders loss especially when you are new and did not study hard. Thank you for heads up. i would love to be in your Tim Challenge when my finances will allow it.
YES!
Hi Tim! I want to start off with a huge thank you. You’ve given me the out I’ve been looking for, meaning the 9 to 5. I’ve been studying since June 1st 2018 and I’m finally making smarter trades. I continuously study and finally figured out how to control my emotions which took quite some time. I appreciate all of your webinars along with the video lessons. I promise to stay focused and trade like a sniper…… Thanks again for everything.
Hi Tim,
I have been gobbling up as much info as possible over the last 6 weeks! Would you recommend putting more than 1% of your portfolio on trades if your account is under $10,000?
With ~$14 of commissions/trade you would need to win upwards of 70-75%* of trades just to break even if your trade with 1% of a ~$10,000 account ($100) Suggestions?
*(with average of 10-15% gains & assuming 3-5% loss on losses)
Thanks!
Read The Complete Penny Stock Course. See Chapter II.4, page 133 for risk management strategies.
Hello to all
In this difficult span, I proclivity you all
Prize your family and friends
Thanks Tim – I have already done very well with most of these picks (as of 4/2020), Always nice to see I am on the same page as you! Curious why there are comments from 12/19 all the way to 3/20 from this – guessing you kept the template of this page from an earlier post – and then edited it for 4/2020??… No matter – Great post!!! Great picks!!! …Stay Healthy…
Yes, used to write a new post every month. Now I update the stocks only because my schedule is so crazy. Thanks for reading and keep reading this post every month.
Well, Tim, I’m starting over again. I’ve returned to the first videos and watching all on this shelter-in-place days. I’ll tell you later in my opinion. Tks.
🙂 GOOD!
Great content Tim. What is the longest you’ll hold a penny stock, and more importantly, why?
Read The Complete Penny Stock Course – it answers all the basic questions.