Market thoughts- New all time highs!  

     

My Patterns I Can Only Trade: *Keep an Eye on the Daily chart and multi-time frames to set up with the daily chart*    

     

OTC's: NO TRADES    

     

LISTED:    

*All must have news, low float (1-40), low market cap (less than 500m), search for potential dilution, big % gainer, big volume, higher odds if former runner, what is the overall market environment, check recent history. Trade the most volatile, liquid, big % gainers, most action, and plan the pattern and trade ahead of time with a thesis and follow your plan.     

     

Watchlist

FGD Bounce until I have $1,000 profits ($15 full-size risk, starter $5):

*ASTS multi day breakout, *  HOLO,  *MGOL,   *BNED, *TANH micro float,  *CTNT, FLJ low float,    MMV low float,   BRSH, AMC,   GME large float and high priced ,  NSAV , LIDR multi day breakout,  NVAX multi day breakout,  PEGY multi day breakout

 

ONMD frd crash,   LUCY watch for frd then bounce,   CCLD crash then bounce

 

OTCs

GTVH

DPLS

GGEI

AITX- received large expansion order from Fortune 50 company, former runner/supernova/PSFW, 

NSAV

 

LISTED

LPA- 2m float, 887m mkt cap, multi day runner

ONMD- 11m float, 54m mkt cap, health information services, USA, NASD, 135m shares traded increased from daily average of 3m shares. No news. 

BNED- 37m float, 28m mkt cap, specialty retail co., NYSE, NASD, 200m shares traded with only 3m traded daily on average. Wall street bets target for short squeeze. Negative on cash. Multi day breakout. History of multi day runs then dilution.

MGOL- 7m float, 20m mkt cap, advertising agency co., USA, NASD, 328m shares traded with 228k average traded daily. Announced first quarter 2024 results. Former runner. Trading a low of volume. High dilution and low on cash. 

TANH- 0.26m float, 3m mkt cap, household and personal products co., China, NASD, 128% of the float is shorted. 63m shares traded with 311k traded daily. No news. Multi day runner. High potential to dilute. 

MMV- 7m float, 43m mkt cap, entertainment co., China, NASD, traded 129m shares with an average daily traded of 134k. Announced signed term sheet to acquire innovative e-comerce service provider Bowong AI. High potential for dilution and operating with negative cash. 

FLJ- 4m float, 6m mkt cap, 56m shares traded with 118k shares traded daily. Real estate, China, NASD, history of volume and one day run and fails. 

CRKN- 51m float, 12m mkt cap, specialty chemicals, USA, NASD, traded 3 billion shares with an average of 19m daily. No news, no history of runs or volume. Highly dilutive and negative on cash. Pump and dump. 

BRSH- 64m float, 9m mkt cap, household and personal products, Canada NASD, traded 150m shares and an avg daily traded of only 8m, no news. Highly dilutive and negative on cash. History of big volume and big % runs and multi day runs. 

PEGY- 91m float, 14m mkt cap, Solar co., USA, NASD, traded 461m shares with an average daily traded of only 30m, no news, highly dilutive and very low on cash. No history of big volume or big % gains. 

IPW- 10m float, 60m mkt cap, internet retail, USA, NASD, no abnormal volume and no news, Pennystock framework to a T!

EBS- 50m float, 299m mkt cap, drug manufacturers specialty and generic company, USA, NYSE, no news and no significant volume, history of multi day runs then crashes with no bounce, low on cash. 

AWIN- 0.62m float, 5m mkt cap, technology company, scientific and technical instruments, USA, NASD, 18% of the float is shorted, trading a significantly higher amount of volume compared to the daily average of 214k with 48m traded on FGD. On the watch for traders for a short squeeze. Highly dilutive and negative on cash and operating on negative cash. Trying to pump the stock to sell for profit for the last amount of time they have left as a company. No history of big volume or big runs. 

LIDR- 5m float, 21m mkt cap, software infrastructure, 35m shares traded on breakout day and an average daily traded of 3m, significant amount of volume increase. USA, NASD, Announced first Quarter results. Former runner and supernova. No history of big volume. Steadily going lower on cash. 

CTNT- 1m float, 122m mkt cap, auto and truck dealerships, USA, NASD, 49m shares traded on FGD with an average daily traded of 79k, announced pricing of $8.19m Follow-on public offering and announced first Q1 results and provides a corporate update. 

FFIE- 37 float, 12m mkt cap, auto manufacturer company, USA, NASD, 96% of the float is shorted! traded 1.5 billion shares on the second green day breakout with an average daily traded of 40m, Former runner and supernova, former PSFW, no news, only looked upon by traders as a potential short squeeze. High potential for a dilution and operating on negative cash. PUMP and DUMP. 

AMC- 294m float, 1.5B mkt cap, 494m shares traded on FGD with an average daily traded of 17m entertainment, communication services, USA, NYSE, 18% of the float is shorted, surging due to Roaring Kitty making a return after a 3 year hiatus. Former runner/supernova MEME stock. 

GME- 266m float, 9B mkt cap, specialty retail, consumer cyclical, USA, NYSE, traded 179m shares on the multi day breakout FGD with an average daily traded of 7m. 24% of the float is shorted. The stock announced it is surging due to Roaring Kitty making a return after a 3 year hiatus. Former runner/supernova MEME stock. 

KOSS- 5m float, 40m mkt cap, consumer electronics, technology sector, USA, NASD, average daily traded volume of 47k and traded 19m shares on the multi-day breakout day. Former runner/supernova, MEME stonk, being pumped with GME. Roaring Kitty makes first appearance back on X "Twitter" since the last meme stock run in 2020. Hyping this run again. 

CCLD- 8m float, 37m mkt cap, health information services, USA, NASD, 91m shares traded with an average of 57k daily traded. Announced structure update. Former runner, and former PSFW. Multi-day breakout. Being pumped with meme stocks. 

NVAX- 133m float, 1.8B mkt cap, biotech, healthcare, USA, NASD, 33% of the float is shorted, 122m shares traded on the breakout day, 9m shares traded daily on average. Announced a multi-billion dollar deal with the company Sonafi which created a new protein-based COVID-19 vaccine and earnings. 

HOLO- 1m float, 106m mkt cap, electronic components technology company in the USA, recent history of a multi day run then an offering from 100 to 20. 189m shares traded on the FGD with only 143k daily traded. Announced they planned to join the Communications industry association and 5 investors betting big on this stock. FGD from 1.60 to 51, 3,000% gain. Possible dilution but good on cash. 75% of the float is short. 

  

Not able to trade everyday due to work. When I do get my chances, I will be prepared every night before and the morning of the trading day. Studying and watching the markets, staying in tune with the market until my time to trade more often. Looking back at my watchlist at the end of the trading day to see how my plans went. I must create a trade plan, execute the pattern I'm comfortable with, and cut losses quickly when I make a trade. I will set my goal and a thesis of what the stock will do. Along with the Trader Checklist and P.R.E.P.A.R.E. before every trade. If I don't or can't, then I'm not allowed to make the trade. I will have the discipline to only trade the patterns I am comfortable and most profitable with which are Multi Day Breakouts, and FGD bounces.