The top 5 Tech Penny Stocks to Watch in 2020 are: \tVuzix Corporation (NASDAQ: VUZI) \tDatasea Inc. (NASDAQ: DTSS) \tBlonder Tongue Laboratories Inc. (AMEX: BDR) \tNokia Corporation (NYSE: NOK) \tASE Technology Holding Co. (NYSE: ASX) In one of the craziest markets ever, there\u2019s one sector that\u2019s stayed strong through it all \u2014 technology. And that means opportunities in tech penny stocks. Think about it. As the U.S. got hit with COVID-19, many states locked down. A lot of people moved to online shopping, food delivery, remote work, and distance learning\u2026 It\u2019s why a lot of tech stocks weren\u2019t hurt too badly by the market crash. Some of the giants even made crazy gains. But who wants to pay top dollar for a stock that might return 20%\u201330% in a year? If you have a small account, that either ties up your money or it\u2019s not in your budget. That\u2019s why I don\u2019t teach my students how to invest in big-name companies. There are ways to potentially make 20%\u201330% in a single day.* But to do that, you gotta find the hottest movers, usually in hot sectors \u2026 like technology. So let\u2019s talk about the top tech penny stocks to watch in 2020. I don\u2019t recommend you invest long term in any of these or even trade them\u2026 For the rare penny stock that makes it, countless others fail. Instead, I want you to keep these on a watchlist or use it to start your own watchlist. With the right news, these could provide some killer spikes to play. Let\u2019s get right into it: (*Please note that these kinds of trading results are not typical. Most traders lose money. It takes years of dedication, hard work, and discipline to learn how to trade, and individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose.) What Exactly Are Technology Penny Stocks? This is a two-part question. Let\u2019s first define what a penny stock is\u2026 (New to penny stocks? Start with my FREE guide here.) Technically,\u00a0 a \u201cpenny stock\u201d is a stock that trades under $5 per share. When most people think of penny stocks, they think of the \u201cWolf of Wall Street\u201d and OTC stocks\u2026 But there are also penny stocks on the Nasdaq and NYSE \u2026 A lot of them, actually. Now let\u2019s get into what a technology penny stock is... Tech stocks as a whole refer to any type of stock involved in technology. Yes, I know that sounds self-explanatory. But I say that to tell you how widely varying these companies may be. For example, some might provide software, while others develop semiconductors. Now, let\u2019s put two and two together: a tech penny stock is a stock under $5 in the technology sector. These are the types of stocks I\u2019ll talk about today. Ready to learn how to make your own watchlists and think for yourself in the market? My 30-Day Bootcamp is designed to take you step by step through the process of building a solid foundation for trading. It\u2019s for traders of all levels \u2014 and you work at your own pace. Get into the 30-Day Bootcamp here! Why You Should Consider Trading Tech Penny Stocks in 2020 Why tech penny stocks? When an entire sector is hot, penny stocks tend to follow the same momentum. Often, all these companies have to do is release a strong press release, then wait for a killer spike. It\u2019s all about building up the hype. In fact, it\u2019s what I base a lot of my trades off of these days. I use the Breaking News Chat feature on the StocksToTrade platform to get the hottest news that can move penny stocks. It\u2019s better than any news scanner I\u2019ve ever used. When a sector\u2019s hot, news catalysts become more important than ever. This is the perfect time to get the Breaking News Chat with StocksToTrade to help you develop your edge. After I find the news for these tickers, I love to see that it\u2019s in a hot sector \u2014 like technology. So long as the overall tech sector stays hot throughout the coming months, you should consider trading tech penny stocks in 2020. 2 Top Tech Penny Stocks to Watch in 2020 I know the title of this article is \u201c5 Top Tech Penny Stocks\u201d ... but here\u2019s the thing. I\u2019m breaking these tech penny stocks down by potential and then price. Plus, I\u2019m adding some bonus tech stocks to watch in a specific industry. More on that soon. Here are the two top tech penny stocks to watch in 2020... Vuzix Corporation (NASDAQ: VUZI) Nope, I won\u2019t tell you that VUZI has amazing financials. Or that it\u2019s bound to go to $1,000 per share\u2026 I can\u2019t tell the future. Clearly, this company is a penny stock for a reason. Its market cap is under $200 million for crying out loud. But I can tell you one thing about this company \u2014 it creates consumer electronics. It\u2019s nothing that important, but it is something to remember in case you\u2019re reading a press release from the company in the future. What I do know is that VUZI has a history of multi-day runs on strong volume. Pair a strong PR with a hot sector, and VUZI has potential. Again \u2026 Don\u2019t trade these stocks before they make a move. But keep stocks like VUZI on your watchlist in case it does have a run in the near future. Get my FREE weekly stock watchlist here. Learn how to use my watchlist here. Datasea Inc. (NASDAQ: DTSS) Like VUZI, I like that DTSS is a former runner with a history of spikes. What I don\u2019t like as much? Its failure to make multi-day runs\u2026 But that doesn\u2019t mean it\u2019s untradable. Look at the first large run it had back in 2019 \u2026 In one day, DTSS went from under $1 to $7.39 per share. And there are so many companies with the potential for these kinds of runs. This is just one example. And now that there are so many new traders in the market, it\u2019s only a matter of time before these types of former runners try to make their next runs. The volatility is insane. Like I said, I can\u2019t predict the future. But I\u2019ll keep an eye on DTSS. How do I trade these stocks? Start with the basics in this post. Then, get \u201cThe Complete Penny Stock Course\u201d by my student Jamil. It covers all the basics of how I trade and the core principles of what I teach. Top Hot Tech Penny Stock Under $1 The stocks above are generally in the higher-end price range of penny stocks. But there\u2019s another great tech penny stock that I\u2019m watching this year... Blonder Tongue Laboratories Inc. (AMEX: BDR) Here\u2019s the deal with BDR\u2026 I don\u2019t love the price action on this ticker. Clearly, there was some kind of dilution going on based on that massive gap and crap. Stocks don\u2019t normally make those types of moves without some degree of toxic financing. But the good news is\u2026 Promoters clearly have the ability to pump up BDR\u2019s stock price. That itself is more than half the battle. If it\u2019s a failing company, the insiders and promoters might try to pump the stock up again. I don\u2019t know if it\u2019ll happen, but I\u2019ll be watching it in case it does. Check out this post for what you must know about promoted stocks. Are 5G Stocks Considered Tech Stocks? Let\u2019s go back to what I talked about earlier\u2026 Any stock with a primary business function in the technology field is a tech stock. Since 5G is a type of technology, the companies that work in 5G are also considered tech stocks. 5G is a popular upcoming technology. And I know a lot of traders and investors are looking for the next hottest 5G tech penny stock. When they run, that can mean volume. Also, a lot of the \u201cbest\u201d 5G stocks usually aren\u2019t penny stocks, so I found two hot 5G penny stocks to watch in 2020. 5G Penny Stocks to Watch in 2020 Nokia Corporation (NYSE: NOK) Please tell me you\u2019ve heard of Nokia before \u2026 If you were alive in the early to mid-1990s, you probably remember Nokia cell phones. Like many other cell phone companies and manufacturers, Nokia lost a lot of its business when smartphones took over the market. Nokia didn\u2019t adapt, and it paid for it. In 2000, NOK traded at a high of $26 per share. Now, the company is technically a penny stock. However, Nokia has one last chance \u2026 at least for penny stock traders. It\u2019s working on 5G technology. And a lot of traders anticipate 5G to be a hot sector in the coming months or year. How great will it be? Who knows. But if the hype is there, then stocks will likely run. NOK, though technically a large-cap stock, is one to watch for potential runs in the coming months. ASE Technology Holding Co. (NYSE: ASX) Here\u2019s the deal\u2026 ASX isn\u2019t a traditional penny stock like most people view them \u2014 neither is NOK. These stocks are penny stocks by definition (under $5 per share). However, they have relatively large market caps, making them slower movers. These aren\u2019t plays that I usually go for, and I don\u2019t teach my students how to play them either. That said, if 5G takes off, companies like ASX and NOK could start to really go crazy. Plus, it\u2019s important to keep watching them. If they move, that could spark sympathy plays. Moves on companies like ASX that work with 5G tech are possible ... But they\u2019ll probably be a bit slower than the bigger moves I like to see within a single day. Frequently Asked Questions About Tech Penny Stocks Conclusion Remember, I don\u2019t invest in any of these companies \u2026 Instead, I trade penny stocks with a strategy. A lot of newbies want the hottest picks to blindly invest in a company. But that\u2019s not what I teach. I made this list to help you build your own watchlist. This list is not a recommendation to buy. I never recommend you follow anyone\u2019s alerts. Not even mine. All my alerts and watchlists are to help you learn the process. Blindly following alerts is a surefire way to blow up your trading account. But if you made it all the way through this article and took away the key concepts like building a watchlist and looking for sympathy plays, congratulate yourself. Even if you didn\u2019t take away the key concepts, you made it farther than most. That shows a level of dedication to learning. Those are the types of students I want in my Trading Challenge \u2014 those who are dedicated to learning. I don\u2019t care how much or little you know about stocks\u2026 The only thing I ask is that you\u2019re dedicated, disciplined, and driven. If you\u2019re not, you won\u2019t make it into the Challenge. Think you have what it takes? Consider applying to my Trading Challenge. Tell me what you think ... How hot do you think the 5G market will be? Let me know in the comments below!