99% of penny stocks will fail, there’s no denying that…
But as that may scare many newbies away from trading them, it shouldn’t.
Right now, these penny stocks are offering some of the best opportunities in the market…
And I want all of you to fully understand how you can take advantage of these opportunities every single day!
In just a few minutes I’ll be sharing with you three stocks I’m closely watching…
And why they have so much potential in the days ahead.
Are you ready?
I know I am!
Stock #1 Tempest Therapeutics, Inc. (NASDAQ: TPST)
You may remember me talking about TPST last week and it boggles my mind how many newbies tend to forget about it just after a single day.
Just take a look at this chart!
Source: StocksToTrade
TPST continues to get squeezed higher…
And just because it started failing after its initial squeeze, it doesn’t mean you should forget about it.
To put things into perspective, I remember every Supernova play…
And being in this industry for over 20+ years, I’ve learned that previous Supernovas always have a chance to go Supernova again!
Just take a look back at Global Tech Industries Group, Inc. (OTC: GTII)
Late last week, short sellers thought they finally won the battle and guessed where the top was and were about to send the stock back down below the $2 mark…
But they were wrong.
TPST went from nearly $10 per share down to around $3.50 before spiking back up to over $7 per share in just two days.
I get it, that volatility may seem scary, but we need this volatility to be successful.
When I see a stock spiking like this, I’m looking for that dip-buying opportunity…
Unfortunately, when I travel, I tend to miss out on some great opportunities and we had a decent morning panic yesterday…
Take a look.
Source: StocksToTrade
Here the stock panicked from nearly $7 per share down to $6 as it was getting hammered by short sellers…
But once again, these short sellers got squeezed out of their positions and there was a wall of buyers at $6, which sent the stock squeezing to $9 per share!
Listen, I’m not a genius by any means, but you need to think about different ways to trade.
I honestly don’t like trading short squeezes, but here I am because this is what the market is offering us right now…
And if you want to take advantage of these opportunities, you need to be willing to adjust your trading strategy.
Keep a close eye on TPST in the coming days for more potential squeezes or dip-buying opportunities…
But remember, this play has already spiked down once and short sellers will eventually be right…
So don’t hold and hope for it to squeeze higher.
Stock# 2- Tupperware Brands Corporation (NASDAQ: TUP)
Do you remember this play from weeks ago?
This play is back on my radar again given its recent move higher, just take a look at this chart…
Source: StocksToTrade
TUP announced that it plans to replace its CEO and from that news, the stock spiked higher…
And the last time TUP was around the $1 per share mark, the stock squeezed to $6 per share!
At the time I’m writing this, TUP was spiking over 16%
But if you missed the run-up, it’s not the end of the world…
Knowing the history of this stock and based on my recent trades, I’ll be looking for a solid dip-buying opportunity…
Or for a solid breakout if it’s to squeeze higher from these over-aggressive short sellers.
Remember, you don’t need to risk a lot to make a lot with these plays…
More Breaking News
- CBIZ Momentum: Financial Guidance Sends Mixed Signals
- Rigetti’s Quantum Leap: Stepping Up with Indian Deal and U.S. Support
- Microsoft Faces Investigations and Stock Downgrades Amid AI Challenges
- D-Wave Quantum Sees Stock Uplift Amid Earnings Disappointment
So don’t think you need to go all in!
Stock # 3- Microbot Medical Inc. (NASDAQ: MBOT)
MBOT was spiking higher based on this successful outcome news from its pivotal pre-clinical study…
Here’s the chart.
Source: StocksToTrade
When we hear the words disease, cancer, surgery…
It strikes fear into many of us…
And when you introduce positive news that could improve patient outcomes, that stock could start to spike.
Looking at this chart history you can see that this beaten-down stock spiked from nearly $1 per share to above $4 per share in a day…
And knowing that, this news could potentially trap these over-aggressive short sellers and spike like it did earlier in the year.
Not every stock I’m watching will work as planned…
That’s why I focus on so many big percent gainers every day to see which ones offer me the best setups to capitalize on.
When you have these small-priced plays with positive news and over-aggressive short sellers lurking around, you can see some amazing opportunities…
But you need to understand how to put everything together and know what your next steps are if you want to be successful in the days ahead.
As we continue to prepare for another day, I want you to focus on these three plays…
Plus every early morning spiker you find…
And when you dive into them, I want you to look to see if there is any news associated with it..
Or if it’s just a giant short squeeze…
And from there, that’s when you’ll want to think about what strategy fits best.
If you’re unsure of what to look for and are just starting, I recommend you start by joining this FREE Trading Session that we hold weekly.
Stay safe and I’ll see you in chat.
-Tim
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