Been a pretty wild week for sub $1 stocks. Been a good week so far, and have a pretty full list of stocks to watch today. Webinar after close at 4:15 pm. Max will have the link posted in lounge and momo room as always.
LIDR looks like first red day, probably fades but I’m not counting it out yet after all the times I saw it soak and rip higher. Will watch for r/g move or more likely big washouts to buy dips.
WAVD was a crazy one yesterday. Big drop at open, sideways for a while and then just like a few others recently straight up into a halt out of that sideways action. Gapping down a little this morning but also looking for r/g move here as yesterday was just day 1 so it could have more in the tank.
LTRY was an awesome runner yesterday, was down over 20% in pre but has recovered to just be down 5% so far. I think it probably was just a one day move so not expecting too much but it showed yesterday it could sustain a straight up move for over 200% so will be watching for any strength here as well.
TTOO was the one I overlooked yesterday. Was busy trading LTRY and this thing finally got going late day. It’s tried to push several times before and always was too heavy and thick so I just watched it run up without me. I’m thinking this one will be the most interesting one today and will be looking for long entries on dips or breakouts.
DUO is a tricky stock. I recall trying to trade this one last year and getting frustrated with it, but it’s up nicely in premarket and the way these things have been moving lately this is one that could easily double or triple from here. Can be a pretty fast mover if I remember correctly.
GOEV of course the old standby, will be watching for a trend to form and join in if I’m not too busy with all the others today.
Good luck all, see you in the webinar this evening!
1 Comment
TheImplication
on August 3, 2023 at 9:14 am
Lets hope the strength in these under $1 stocks continue! Good stuff Ed, I like the 4x challenge hope to see you achieve this goal!
Lets hope the strength in these under $1 stocks continue! Good stuff Ed, I like the 4x challenge hope to see you achieve this goal!