Jack Kellog first got me interested in this pattern in one of his TWIST videos from this year, 2021, where he talked about all the positions he was in and how the reward is 2-10x's the entry price when it works and a small loss when it doesn't.  This video lesson from 2019 explains it in regards to OTC's : https://profit.ly/user/Jackaroo/videolesson/31753

I am seeing this in OTC's, this year like $VDRM and most recently (actually right now) $RGBP.  but I'm also seeing the same pattern form in NASDAQ stocks, like $ACY and last week on $SPRT.

I call it the "double ramp to b/o"  The daily chart is where you can see the pattern forming for a ticker that has gone parabolic, then consolidates over weeks or months and holds higher lows as it heads into Ramp #1.  You can play that as the ticker will have multiple green days in a row as it approaches the previous b/o level.  Then it reclaims with a few red and green days making a new higher low and getting closer to the Ramp #2.  I find that once in Ramp #2 it has a good chance of b/o over the previous multimonth high and when it does, it could go Parabolic Supernova.

The daily chart right now on $SPRT shows this perfectly.  Getting in just below the $10 b/o level is amazing risk reward because if it fails to break $10 you can cut it for a small loss.  But you can build into the position just below the b/o level and add as it has more green days.  Once over the b/o level that becomes your risk level and you just hold or add.  On $SPRT, SecretCitrus had a 3K position with an average of $14.50 and he made 126K off that when he sold into $22 and then took off the last 1/3 of his position at $55 in premarket.  

This pattern is, imo, the ultimate get rich pattern, with amazing risk/reward and definitely the pattern that I am seeking out, wanting to recognize when it happens and work into a big position size according to my capital. 

For my capital, these trades can bring in $700 to thousands of dollars in profit.  $RGBP is a perfect example.  The Ramp #2 was last week and buying it at .028 was perfect, but I cut it instead of sizing into it more.  It just topped out at .08 on Friday and I would have sold 3/4 of my position as that was my goal for it and held 25% of my position for a b/o over the .08.  I'll be watching to see what it does this week- i.e. goes Supernova.

This is now my #1 pattern to be on the lookout for and react to when I see it.  You can look at the daily charts of the tickers I mention to see what I am talking about (look for the Ramp #1, then the pullback to higher lows holding, and the Ramp#2 which then becomes a Supernova.

Also, one thing to note about this pattern is that it doesn't need excessive volume or a catalyst.  Actually, recently $RGBP and $ACY did not have extra volume or a catalyst for them to double in price.  $VDRM had a weak catalyst after the ramp as it went supernova and $SPRT same.

Happy trading :)