I see a lot of confusion from students regarding MASSIVE stock spikes like Wheeler Real Estate Investment Trust Inc. (NASDAQ: WHLR).
The chart shows an 890%* spike in less than two days. This happened from Thursday to Friday last week.
Let’s set the record straight:
- The stock does NOT deserve to spike that high.
- There ARE profit opportunities for traders.
On the chart below, WHLR’s candles represent 5 minutes:
Here’s the trade that I made on day one:
Notice, this process is scalable. WHLR is a cheap stock, that’s why my students are able to start with a small account.
And as they find success, they can scale up over time.
For example, Jack Kellogg, one of my most successful students right now, he’s trading with position sizes over $100,000.
See an example below from last week:
Jack traded BranchOut Food Inc. (NASDAQ: BOF) in the example above.
These big spikers, WHLR and BOF, they’re not the only stocks we’re watching right now … There’s so much opportunity for traders to profit right now!
Big Spiker Watchlist
Last week we saw moves from:
- WHLR
- BOF
- Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE)
- Inspire Veterinary Partners Inc. (NASDAQ: IVP)
None of these stocks deserved to spike as high as they did.
BOF was the only stock that had news … And that wasn’t even the main reason it surged 500%*.
These are low-float stocks that are targeted by short sellers.
The low float ensures volatility. When there’s a low supply of shares (below 10 million shares in the float), the price is more sensitive to catalysts.
And because the stocks are crap, short sellers target them to ride prices lower.
But … If there are too many short sellers in a stock, any bullish momentum could cause a domino effect of short sellers blowing up. And that’s what creates these massive squeezes.
For me and my students, short seller turmoil can offer HUGE opportunities to profit.
You already saw the trade that I made on WHLR …
Take a look at Daniel’s post below:
It’s a marathon. Not a sprint!
The Next Trade Opportunity
Attention new traders …
The market is full of profit opportunities right now.
But it CAN be dangerous for newbies.
There are a few patterns that my students and I use to capitalize. And in the beginning, trying to trade every setup can lead to a disaster of over trading.
That’s why I suggest you focus on ONE trade setup this week. Remember, we already agreed, this is a marathon not a sprint.
One good trade a week is all it takes.
There’s no need to overcomplicate things right now …
This Thursday, September 12, at 6 P.M. Eastern, I’m holding a LIVE tutorial to help traders recognize this Friday’s biggest trading opportunities.
I’ll make sure you’re set up for success going into Friday …
Reserve your spot for this Thursday!
Cheers.
*Past performance does not indicate future results
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