Yesterday we watched ANOTHER huge spike in our small-cap niche.
On Monday it was MIRA Pharmaceuticals Inc. (NASDAQ: MIRA), a low float biotech that announced preclinical success for its ketamine delivery system.
The price spiked 630%* intraday, take a look at the chart below:
And yesterday, Tuesday, we watched another low-float biotech stock launch to insane heights.
The stock announced new patents to strengthen its intellectual-property portfolio. Prices spiked 640%*.
Look at the chart below:
These low-float biotech stocks are some of the hottest trade opportunities right now.
Understand: They’re mostly short squeezes.
See my post from X below:
LOL $AZTR squeeze to the $7s & halt at the open, nearly double from my buy alert premarket, thank you shorts, you guys are SUCH good promoters inadvertently, really can't thank you enough as Yak Morris sucks these days. Everyone read https://t.co/COEqLl5mXl & LEARN/CAPITALIZE! https://t.co/9m6jXTrtaM
— Timothy Sykes (@timothysykes) July 23, 2024
Over-aggressive short sellers pile in when the stock first starts to spike (these stocks don’t deserve to spike 640%* lol, they should fail).
When there are too many short sellers in a stock, any bullish momentum could cause short sellers to panic. They buy to cover, and that momentum can turn into a domino effect of short sellers blowing up.
And thankfully, we can use popular patterns to trade these intense runners. It’s not a buy-and-hold strategy. The price will crash eventually.
Our goal is to take the meat of the move.
Using these patterns, take a look at my profits from yesterday’s runner:
Get ready for the next HUGE stock spike in this 2024 market!
Traders Had So Much Time …
My students and I had eyes on this runner while it was still trading in premarket!
StocksToTrade Breaking News sent out a trade alert at 8:43 A.M. Eastern, right when the spike started!
Take a look at the chart below:
UPDATE 🚨 $AZTR HALTED at $11.16 and hit a $12.00 HOD…WHAT A MOVE from when we first alerted at $1.90 at 8:43 AM EST. 531% GAIN! 👀
Get the next alert>>https://t.co/IcIxxdGIBP pic.twitter.com/wxaWjWGXZA— StocksToTrade (@StocksToTrade) July 23, 2024
Get the next Breaking News alert!
From the trade notes I shared earlier, you can see that my first trade was at 9:00 A.M. Eastern … And the stock was just starting to heat up.
Here’s a screenshot of the Challenge chat where my students collaborated to find solid setups:
There were great premarket opportunities, but a lot of my students prefer to trade the volume surge right after the open.
There’s so much opportunity in the market right now!
The issue that a lot of new traders have: They don’t know which patterns to play, or when to play them, or how …
It can seem like an Everest of trading knowledge to climb.
That’s why most traders lose. They don’t take the time to learn, they get frustrated, and they quit.
But in 2024, my team and I:
- Shortened the learning curve for new traders.
- Solved the frustration issue.
- And hopefully saved a lot of traders from quitting the market altogether!
Here’s how …
Stay On Track This Week!
There will be another insane runner like MIRA and AZTR. It’s only a matter of time.
The question is whether you’re ready.
As I mentioned, most traders lose because they don’t understand how to play these stocks.
There’s a science behind my trading profits. I’m not buying at random.
A few years ago, it would have taken my students months or years to effectively follow these setups.
Not in 2024 …
This year my newest students can start tracking the market’s hottest stocks overnight!
See, the framework that I use is always the same.
Volatile stocks like to follow this framework because people are predictable during times of stress. Like when they have a few thousand dollars in a stock that’s spiking +100%.
Once a student learns these patterns they can reapply them over and over again on the next hottest stock in the market.
Thanks to the emergence of artificial intelligence, I was able to create a highly-versatile autonomous-trading system that follows my trade patterns!
My students can enter their favorite ticker into this AI bot and it will spit out a trade analysis as if you asked me directly.
It works for MIRA. It works for AZTR. And it will work for the market’s next massive runner …
>> Use AI to build smart positions on the market’s hottest stocks <<
Stop sitting on the sidelines!
Cheers.
*Past performance does not indicate future results
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