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):

*MITQ, ALBT, LUCY,  PEGY, 

 

ALBT frd, ASTS frd crash  ,   LUCY  , HOLO,   BNAI another red day,   IPW multi day breakout,   SMMT frd,   FFIE,

 

OTCs

DPLS

GGEI

 

LISTED

ASNS- 3m float, 1m mkt cap, communication equipment, USA, NASD, significantly increased trading volume, 700% runner pre-market. Announced they secured new Military Orders 

ALBT- 4m float, 13m mkt cap, real estate, USA, NASD, significantly increased volume, reported earnings, high dilution and negative on cash. 

ADRT- 130k float, 130m mkt cap, shell co., USA, NASD, no significant volume, no news, 

SMMT- 82m float, 7B mkt cap, biotech healthcare, USA, NASD, increased trading volume, 27% of the float is short, news about a new cancer drug with positive results. 

BNAI- 14m float, 87m mkt cap, software infrastructure, USA, NASD, significantly increased volume of 107m compared to daily average traded of 102k, announced private placement at premium to market price and promotion to Paul Chang to CEO and present at upcoming investor conference. 

LPA- 2m float, 1 billion mkt cap, Shell co., USA, AMEX, no significant volume and no news, 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. 

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!

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. 

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. 

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.