Happy Friday, we’ve had another WILD week in the market.
🚨 And there’s one more opportunity to make gains before the market closes for the weekend 🚨
In fact, it’s the incoming weekend that inspires this specific trade setup. And it could be the biggest move of the whole week …
In this volatile market, there’s no telling how high today’s weekend stock could spike by Monday morning.
The market surged this week with these major catalysts:
- Bitcoin pushed to new all-time highs.
- NVIDIA resumed the sale of its advanced H20 chips to China.
- Major indices, like the SPY made new all-time highs.
The stock market is on fire right now.
And all of the volatility influences our favorite low-priced plays.
For example, last Friday I traded a low-priced stock before the close and sold some of my shares for a 14% profit. In a matter of minutes.
Here’s the best part … The stock spiked 160%* that day. Which means, we don’t have to trade the price action perfectly.
There’s enough wiggle room to make a low-stress profit when we follow specific patterns. And every Friday I look for the same price action.
Watch my video below for the #1 trade to make TODAY, before the market closes.
Study last weekend’s price action to prepare for today’s runners!
My Weekend Pattern
The incoming weekend inspires a specific setup in the market.
Here’s how it works:
Every Friday, a group of traders will close their laptops early to get a head start on the weekend.
Then, on Saturday and Sunday they open their laptops to look for the hottest stocks in preparation for Monday. And inevitably, they find the Friday runners that they missed due to their early departure on Friday.
That’s when they buy shares.
On Monday morning, the buy orders fill and the stock spikes higher.
More Breaking News
- Rigetti Computing Soars Amid U.S. Government Talks for Quantum Computing Equity Stakes
- HP Plans Saudi Manufacturing Expansion for AI-Focused Computers
- Lumentum Holdings Surges: Analyzing the Unexpected Climb
- Soaring Stock: Recursion Pharmaceuticals’ Latest Surge
Meanwhile, my students and I bought shares of these stocks on Friday. As a result, we get a Monday spike to sell into.
Now, every stock spike is a little different …
That’s why it’s so important to understand the specifics of the pattern from my weekend-pattern tutorial.
But we can learn from past weekend spikers to help us prepare for the next one.
Last weekend I traded Future FinTech Group Inc. (NASDAQ: FTFT) as the stock spiked 160%* with crypto momentum from the overall market.
I sold some of my position into the spike at the close of regular hours on Friday.
Technically that was a breakout higher. I should have followed the rules of my pattern and sold my whole position. But I kept some shares until Monday morning to give the position a little more time.
Look at what happened on the FTFT chart below. Every candle represents one trading minute:
I sold the rest of my position at a loss and locked in a total profit of just 4%.
It wasn’t a huge profit. But it was still a low stress trade because I was disciplined enough to take some profits on Friday.
My trade notes are below:
At least a handful of stocks will try to follow my weekend pattern this afternoon.
Make sure that you focus on the right setups …
Look for this price action in the afternoon today!
Cheers
*Past performance does not indicate future results
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