Ladies and gentlemen, we might have hit bottom.
I know the last few months have been painful, but there are reasons to be optimistic …
This chart shows the S&P 500 ETF Trust (NYSE: SPY) consolidating above support set in February and March of 2021.
Source: StocksToTrade
This could be the bounce traders like myself have been waiting for …
And while the overall market should start jamming again … I expect a handful of stocks to soar even higher.
Here are the 3 stocks I’m watching for profit opportunities.
The Best Way To Trade in This Niche
It would be irresponsible of me to give you the tickers without mentioning how I trade them.
I’m watching these stocks for volatility and pattern recognition.
If the stocks don’t set up how I want them to, I won’t trade them. This isn’t a buy-and-hold scenario. That’s how traders blow up their accounts … I know because I blew up my first account.
I don’t want you to experience that.
First of all, there are a bunch of different patterns you can use. The best ones help you maximize profits while minimizing risk.
Like how Mark Croock is able to make six figures in less than 24 hours.
If you’re new to this, just focus on getting good at one. Don’t overwhelm yourself.
Here’s my favorite trading pattern …
And second, if you want to profit in this niche. You’ve gotta trade with up-to-date information.
Now, I have good news and bad news.
The bad news: Most all free trading software displays market info 10-15 minutes late. That’s too slow. Traders need to see the data right away in order to profit. It’s how we gain an edge.
The good news: You can try a 2-week trial of the software I use. It’s a great way to dip your toe into the industry. And here’s the best part; it’s designed by traders for traders.
Ready for the 3 stocks I’m watching? Here they are …
3 Potential Spikers
Again, I’m not saying these are a done deal. I don’t have shares of any of these stocks yet.
I’m waiting for the perfect setup.
And if I see it, you better believe I’m getting in …
- Guardion Health Sciences Inc. (NASDAQ: GHSI)
- Relatively low float spiker with Amazon news.
- BlackSky Technology Inc. (NYSE: BKSY)
- Relatively low float spiker with U.S. Government contract news.
- Immix Biopharma Inc. (NASDAQ: IMMX)
- Low float biotech and a recent runner testing highs.
If you’re serious about trading, you should join my students and me for a webinar.
We meet every Tuesday and Thursday for a trading live stream. You’ll get to see my screen in real-time and ask questions about stocks and setups.
Seriously, if you want to get good at trading, this might be the fastest way.
Let’s learn together,
Roland Wolf
Editor, The Wolf’s Den
P.S. My mentor Tim Sykes and I have decided to team up for a special in-person live training tour. Click here for the cities and dates.