Welcome back to the Wolf’s Den,
This sector went nuts after a state of emergency declaration last week. And I think there’s still some juice left in the tank.
- One of them spiked +600% in 3 days…
- The other one is approaching a third month of bullish price action…
Things are cooling off a little bit in anticipation of Wednesday’s CPI numbers. Which means now is the perfect time to pay attention.
The volatility is gonna come back in a big way…
Want to profit off this hot catalyst?
These are the stocks you need to watch…
The 1 Thing You Need
Before I share these stocks, I’ve gotta tell you a secret.
The only reason I’m a profitable day trader is because I copied other great traders.
I know it seems like we all trade different setups and stocks. Technically we do, but it all falls under the same exact framework.
You deserve to trade efficiently
Tim Sykes developed it more than 20 years ago, and it’s the same framework we use today!
If you want to become a serious day trader, there’s no shame in following the leader. We’ve all done it. And we continue to offer opportunities to discover the secret with the hope that more and more traders start to profit.
Like how Tim Lento and Sykes hosted this legendary trader during a recent live stream…
I just finished an INCREDIBLE webinar with @TimLento & @TheShortBear for https://t.co/occ8wKmlgm students & now there's a double rainbow here in Positano, Italy…it's a sign challenge students, please be sure to review today's webinar as it's one of the best we have EVER given! pic.twitter.com/DtNuQin15u
— Timothy Sykes (@timothysykes) August 9, 2022
Trust me, there’s enough volatility to go around.
We’ve got the keys to success…
2 Stocks
I’m in one of these stocks already. By the time you read this, I might have closed my position, I might still be riding the momentum.
Stay tuned for that trade…
#1 SIGA Technologies Inc. (NASDAQ: SIGA)
This is the sector leader of the monkeypox plays.
It first popped up back in May. And it’s been running ever since.
This is the stock I have shares of currently. We’ll see if the price can break out over these highs…
SIGA chart Source: StocksToTrade
#2 Applied DNA Sciences Inc. (NASDAQ: APDN)
This stock spiked more recently. It’s got a lower float than SIGA, only 8 million shares compared to 47 million.
Top trading software like StocksToTrade shows in-depth and up-to-date market data. Try it for 14 days now.
There’s resistance up at $7, that’s the breakout level. And right now it’s consolidating above $5.
I’d like to see this thing rocket upwards.
But in order to profit, I’ve gotta wait for the perfect setup…
APDN chart Source: StocksToTrade
How To Find the Perfect Setup
It’s different for every pattern, but the process is very similar.
Basically, once I find a hot stock worth trading, I let the price shake out a bit and develop a chart history.
I can’t just buy random stocks with news, there needs to be an identifiable pattern.
Then, when I recognize a play that’s too good to miss, I get in with set risk and reward levels.
I always trade with a plan. So does Tim Lento. So does Tim Sykes. It’s how traders stay profitable.
This was the biggest turning point in my trading career.
Get ready for another spike,
Roland Wolf
Editor, The Wolf’s Den
P.S. It’s very simple … so far, Sykes has minted over 2 dozen millionaire students. I’m one of them. Take your time to search around. Let me know if you find a trading mentor with a better track record. I don’t think there is one … so why are you wasting time? Get in the chat!
All content in this newsletter is intended for educational and informational purposes only.
The material in this newsletter is not to be construed as (i) a recommendation to buy or sell stocks, (ii) investment advice, or (iii) a representation that the investments being discussed are suitable or appropriate for any person. No representation is being made that following The Wolf’s Den’s strategies will guarantee a particular outcome or result in profits. The price and value of stocks may fluctuate depending upon various market factors, and, as such, the strategies used by The Wolf’s Den to adjust for those fluctuations may change without notice.
There are significant risks associated with trading stocks and you must be aware of those risks, and willing to accept them, in order to invest in these markets. Past performance of any trading system or methodology is not indicative of future results. You should always conduct your own analysis before making investments.
You should not trade with money you cannot afford to lose and there is a risk that trading stocks will result in a complete loss of your investment. Trading stocks, particularly penny stocks, is not suitable for everyone and requires hard work, due diligence, capital, and substantial time to monitor the market and timely execute trades.
