Hot sectors     

Market thoughts- Bull market bounce     

        

My Patterns I Can Only Trade: *Keep an eye on 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):   

*LUMN,  *SAVA

 

Other notable stocks to watch:     

*INDO multi day breakout ,  *PSNL multi day breakout, * CNTM frd,  *PSIG frd,  *GNLN frd,  WINT multi day breakout,  ASTS crash, 

    

OTCs

    

LISTED

GNLN- 0.5m float, 6m mkt cap, Tobacco, USA, NASD, 46m shares traded with 53k shares traded on average daily, announced non-binding letter of intent to be the exclusive distributor in the U.S. of Safety strips. 365% gainer on the FGD, ran from 2 to 21. 

PSIG- 0.5m float, 8m mkt cap, integrated freight and logistics, Hong Kong, NASD, 182m shares traded with 400k average traded daily. No history of runs or gains. No news. Negative on cash and highly dilutive. 

CNTM- 5m float, 11m mkt cap, software application, USA, NASD, traded 8m shares with 400k average. Multi green day runner. No history of runs. Bottom bouncer. Published impact scorecard for 6 months ended June 30, 2024. High potential for dilution and very negative on cash. 

SAVA- 44m float, 1.68B mkt cap, Healthcare sector, Biotech, USA, NASD, 35% of the float is short, 13m shares traded with only 2m shares traded on average daily, announced a conference call on August 8th for a company update and recent developments, 

INDO- 4m float, 37m mkt cap, oil & gas, Indonesia, AMEX, Energy sector, 49m shares traded on FGD with 226k average daily traded, no news, former runner/supernova/multi-day runner/PSFW, history of FGD bounces. 

LUMN- 991m float, 2.7 billion mkt cap, telecom services, USA, NYSE, 160m shares traded with only 11m traded on average. Earnings report. Multi day runner. No history of big volume or big % gains like its recently trading. 

WINT- 0.44m float, 4m mkt cap, biotech, USA, NASD, traded 48m shares with an average volume of 61k. Well above average volume and a significant increase. No news. Increased dilution, low on cash. 

CMAX- 2m float, 19m mkt cap, health information services, USA, NASD, 102m shares traded with an average volume of 332k, no news. Low on cash. 

PSNL- 43m float, 199m mkt cap, diagnostics and research, USA, NASD, 22m shares traded with 338k average volume. No news. Multi day runner. No history of big volume or big % gains. Steadily declining cash reserves. 

SERV- 23m float, 280m mkt cap, specialty industry machinery, USA, NASD, traded 258m shares with an average volume of 638k, News: NVDA reveals big bet on serve robotics. No history of big % gains or big volume. 

TKLF- 36m float, 22m mkt cap, specialty retail, Japan, NASD, 312m shares traded with an average volume of 2m, reports 2024 financial results. History of good volume and a big run with a FGD bounce.  

MLGO- 1m float, 98m mkt cap, software infrastructure co., China, NASD, 112% of the float is short. No news. Former runner and big % gainer.    

ASTS- 120m float, 1.6B mkt cap, communication equipment, USA, NASD, 24% of the float is short, no news, multi day and week runner, no history of big % gains or big volume,    

     

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.