Good morning,
Monday's alert on NAOV in the $.30's to $.70's on the way to $.90's was solid. The NAOV gap was monstrous Monday night. However, as it goes with penny stocks, the company did an offering Tuesday morning so say goodbye to the momentum on that one. COSM worked Monday too, from the $.50's to $.60's last night, and continues, hitting $.89 this morning, however, the bulk of the move to $1 resistance has been achieved now, so no new plays here until it consolidates. Hindsight is 20/20 but I suppose letting it test the $.67 breakout level on the daily chart would have been wise.
PXMD - I like this consolidation pattern to lead into a $3-$3.50 breakout if it can hold above $2.20. The price action is walking up slowly toward the $2.50 resistance and if volume triggers, the low float of under 1M means it could fly.
GRND - Fishhook with a bottom forming at $8. If that level holds, it could see $13-$15 again on a bounce. Range is to $20 if it really gets ripping again. Recent IPO via a SPAC with a good social media presence following the stock.
OTIC - Base of support in the $.10 level for a few months and starting to dead cat bounce today. I think if $.12-$.13 acts as support, range to upper $.20's on a gap fill makes it attractive. Stocks under $1 have been firing lately so we'll look for a gap on this.
Daily watchlist, chat room, scanner, and trade alerts
More trades will present themselves across the day. Be sure to look at the weekly watchlist (see your email) and chat room watchlist (see chat room) for potential alerts.
Lightning Alerts is 24/7 penny stocks. I believe in small bets and big moves.
This is an active trading service and there are two types of trade alerts you will see:
Lightning Alerts. I group scalp, day, and gap trading in this category. A scalp trade has a goal of 3-5% and when successful, can be over in a matter of minutes. A day and gap trade, on the other hand, have a goal of 10-20% and could play out in minutes but have a tendency to last a few hours. These trades are simultaneously alerted in chat and by way of the RagingBull APP > Lightning Alerts, between 4A - 8P ET daily. I look for my entry immediately after you've been alerted. Swing Alerts. These are still very active trades but have a goal of 10-20% across 1-4 days. They tend to consist of a short-term bullish chart pattern and catalyst. These trades are simultaneously alerted in chat and by way of the RagingBull APP, followed by email. These trades will have been covered in the daily newsletter. I look for my entry immediately after you've been alerted.
Chat room
Schedule:
9:30A - 4P ET: During market hours I will look for high beta, low float stocks under $10 to day and swing trade. Lightning Alerts will go out by chat and APP. Swing Alerts will go out by chat, APP, and email.
I trade 3 patterns and use StockCharts to view them. To prevent chasing I always reference the weekly, daily, and intraday chart in my analysis.
Fishhook a.k.a. Breakdown chart pattern. The fishhook pattern emerges on a sharp downward move in the stock price through support on heavy volume and tends to be quick in duration and severe in magnitude. Excellent for Swing Alerts.
Pennant a.k.a. Continuation chart pattern. A pennant will have a period of consolidation inside the triangular flag shape on lower volume followed by a breakout, outside the triangular pattern, on higher volume. Excellent for Swing Alerts.
Rocket a.ka. Breakout chart pattern. A rocket is when the stock price moves outside a defined support and resistance level with increased volume. Enter long on a break above resistance or short on a break below support. In penny stocks, breakouts are often accompanied by dilution which for the most part, destroys the momentum. I use Dilution Tracker to gauge offering risk. Excellent for Lightning Alerts.
Daily watchlist, chat room, scanner, and trade alerts
Can you see the fishhook, pennant, and rocket on the MANU chart?

To better understand them I recommend reading The Candlestick Course.  Jason Bond
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