The major indexes bounced back from a bad week and there were a ton of trading opportunities…
Like Redbox Entertainment Inc. (NASDAQ: RDBX) and AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) that I outlined on my weekly watchlist.
But there was another morning play that stole the show. I usually don't like setups like this … but something about it was unique…
That's probably why it survived a chat pump and gained over 270% yesterday. Learn how you can catch moves like this below — even without my trade plan ideas…
Normally I don't like stocks with news of a one-time infusion of cash. But the amount of money injected into CBIO made it unique.
Theoretically, if the company was worth roughly $11 million last week and the company put $60 million cash in the bank, it would now be worth $70 million.
Does that mean CBIO will double and become a $70 million market cap company?
Because buy in pre, sell in pre and the dip and rip are complementary patterns when it comes to trading chat pumps.
Here's why…
When a 'guru' sends out their alert to chat sheep followers, the stock spikes in premarket. But when the market opens, it will pull back as the 'guru' sells and premarket traders take profits…
Then as more traders come in, buying on the press release, you get a dip and rip … Or, if it dies it dies.
Finding trade opportunities doesn't have to be difficult. Join two experienced traders, Tim Bohen and Bryce Tuohey as they help you navigate the markets, learn strategies, and understand how to spot trades with potential to spike.
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