On March 27 I mentioned a trading idea I had in the 3D printing industry and how I thought several stocks were setting up for a nice big bottom reversal breakout, one of my bread and butter setups I go over in great detail here. Well, Thursday we got that big breakout day and I banked big …
This was a crazy week for the market, especially thanks to trades like the one I had in GLNG. As I predicted a few weeks ago, the SPY tested the $182 price level which was about a -17.3% decline from the all-time high reached in summer 2015. I didn’t need a magic ball to predict …
It’s nearly summertime and the markets have been a bit sleepy lately, but the global markets have recently come to life, which has caused some great volatility. The main reason for this is because the global markets are on alert due to the fact that Greece is approaching it’s day of reckoning. If they default …
I have been carefully following the Ebola stocks for the past 5 weeks and I wanted to explain how I traded the Ebola penny stocks. Two of the best Ebola-related stocks I have found are Lakeland Industries Inc. – (LAKE) and Tekmira Pharmaceuticals Corp. (TKMR). Besides these, there are a few others like BCRX, SRPT, …
Last Monday was an eventful day in the world of awesome penny stocks… The overall market was down .80% but volatility is a traders best friend. This is the exact reason why I always look for specific setups in weak markets. Think about it like this. 3 out of 4 stocks follow the market. When …
Hey Everyone If you have been following my emails then you know I sent one last week regarding the perfect chart setup in FNMA. As the overall market moved back towards its all-time high last week (after the January pullback), FNMA broke out above its breakout point at $3.36 and had an awesome move higher …
I was analyzing stock charts the other day for high probability trading opportunities and I came across FNMA. Federal nation Mortgage Association, aka Fannie Mae, has been setting up for a few months and I believe is ready to make a big move to the upside. I really like the looks of this stock chart …
I am currently watching ZNGA for one of the patterns I look to trade. I call it a bottom reversal breakout. It has been setting up on the daily chart quite nicely and the pattern could be completed soon. I don’t like to provide trade alerts in general because I find people don’t benefit from …
VISN is a crazy penny stock that spiked up from $2.00 to $18.00 in just a few days. Although these types of stocks do not occur every day, they do occur more than you would expect. The key to trading erratic low float stocks like VISN is to have a plan and stick to it. …
NNRX was a stock that started to rise due to speculation it was going to be one of the next big promoters pumps. The stock had a nice run from $.93 to $1.49 and then an epic plunge. Usually, stocks rise after a stock promoter releases their pick on stock but in the case of …