Monday’s Hottest Plays
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There's a low-priced stock moving today on mixed news. Fisker Inc. (NYSE: FSR) confirmed it's on track for spring deliveries of its Ocean EV. Here are the details. But the company also reported dismal earnings. Read more here. The news of spring deliveries outweighed poor earnings, and the stock spiked +35% today. Plus, it has a great history of running. Look at this chart of all the past spikes … |
Here's a chart of the spike thus far today … |
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| URGENT: Elon's Endgame is rapidly accelerating |
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Beware the failed breakout at 11:30 A.M. Eastern. That's a sign of weakness. There's still a chance it rallies. But make sure to wait for support. Another big runner today … |
AERWINS Technologies Inc. (NASDAQ: AWIN) |
There isn't a news catalyst pushing this stock higher. But it's up +60% and has already rotated the float once today. It's following a pattern called the "panic-dip-buy". We found a trader that explains the concept pretty well. Here's the video … |
But he trades it intraday. This is an example of a stock that panics over multiple days. Then the volume comes in and the stock spikes. Here's a chart … |
It's an interesting trend to keep an eye on. Whether you're intraday trading or watching larger day-to-day movements. |
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