I rely on this signal when I am day trading November 07, 2023 I rely on this signal when I am day trading *Sponsored by Sica Media Good Morning! The markets are turning slightly lower this morning, which isnât surprising at all. The QQQ just had an incredible move where it powered higher for 6 days in a row!  Will the Champ fight through the morning doldrums and notch a 7th victory today ð¥? Betting against tech stocks is always a dicey proposition. I wanted to update you on my idea from yesterday on INDP. That stock made a much stronger move than I anticipated. I thought it could run 30% over the course of a week, perhaps â but we got that whole move by lunchtime! Not a bad morning for those of you who opened the email I sent you when trading started! It was a very busy day of trading indeed, and it was a textbook example I wanted to share with you on what I look for when I trade. First of all, when I am day trading, I like to use a 3-minute timeframe (which youâll see on the chart below). I think this works better for me than a 1-minute chart because it cuts down on the ânoiseâ of frantic 1-minute moves. Next, I am looking for strong stocks that are breaking above the 3-min moving average (which is the yellow line on the chart below), and ideally have a âGOâ signal from the AI-driven algo as well. As you can see. INDP checked all of these boxes yesterday. This combination of indicators led to a staggering 30% rally yesterday, before a late-day pullback. One thing I hear from traders a lot is, âWhen should I get out of a trade?â Well, I can never tell you what to do with your personal trading, of course, but let me share my personal experience. I like to ride those strong trends like we saw yesterday for INDP, as it was trading above the 3-minute line for as long as it goes. Sometimes stocks go up a lot more than you would ever imagine! Now, also notice when the momentum started to drop. An easy way to tell that a stock is starting to change directions is when the colors of the bars start to change (this is a favorite feature of mine from my BlackBox software). You can see this in the chart above when INDP begins to fade below the 3-minute line for a few bars, which is right before the âNo GOâ signal appears.  When those ominous indicators appear, I like to go to the sidelines for a while. It doesnât mean the trade is done, and I am not coming back to the stock. It simply means that I am going to wait for the next strong signal to appear. That is how I increase my odds of winning. Like I always say, youâre always just one button away from being out of a trade⦠and then one more can get you back in. It doesnât matter if I have a profit or a loss when the âsellâ signals appear. The market is clearly telling me it is dangerous to be in the stock at that time, so I better wait for the âall clearâ signal again before I get back in. If you want to see how I manage these types of signals in real-time, there is no better place to be than our â[Market Mastersâ live trading room]( during the day. If you donât have access yet, you can [join with this link]( Just make sure you use the code âCHEERSâ ð»to unlock the big discount I added today. No matter how you approach your trading, I think it is always important to have a solid game plan before you make any trades â and then stick to it! As I just pointed out, when I land on a strong stock like INDP, I donât want to abandon it completely just because it slipped into a âNo Goâ for a while. The next turn could be coming at any time, and the sooner I can latch on the next trend higher can make all of the difference. Keep INDP on your radar today, and watch for a reversal. It might be coming sooner than you think! In case you didnât get a chance to look at the email I sent you yesterday, and why I like it so much right now, I copied the highlights of it below⦠[Email from yesterdayâ¦] INDP is a small-cap, NYC-based biotech company has been ripping higher this year. As of the close Friday, itâs up a whopping 62% year-to-date and has tested highs of as much as 164% as recently as September. This is remarkable among early-stage biotech companies, which often see steady declines buoyed only by great news. This speaks to the strong standing of INDP and investorsâ confidence in its potentially breakthrough therapeutics. More on that later, but first, let me tell you why this stock has caught my attention right now. Headline describing technical reasons we see a breakout in INDP Apart from a few minor upswings, INDP has dipped from its September highs. But that all changed last week. On Monday, the stock opened at $2.05, but by the close Friday, it had reached $2.50 â an incredible move more than 20% higher in just 5 days. For comparison, the SPY had one of its best moves in ages, and it âonlyâ gained a little more than 5% on the week. These are the types of outsized moves Iâm looking for. The question is: Will INDPâs run continue? We canât know for sure, of course, but we can take a very educated guess. Judging from what I see right now, I think last weekâs 20% gain could just be the tip of the iceberg. Normally, I would think this type of move in one week would be the âtopâ for a stock, but as I look at multiple timeframes, I am seeing lots of âGOâ indicators from the algorithms I follow. When I see good news for a small stock along with these types of technical indicators, I start to get on high alert.  All of this bodes very well, but you should still look at whatâs powered INDPâs explosive growth not only this week, but also over the past year. Great News About the Companyâs Lead Candidate The big impetus for INDPâs 2023 rise appears to be the [start of a Phase 1 clinical trial]( for its lead candidate, Decoy20, in December 2022, and the first patient dosing in March 2023. The company had been sitting on dozens of issued or granted patents based on tech developed by Indaptus founder and chief scientific officer, Dr. Michael Newman, at Indaptusâ predecessor company, Decoy Biosystems. The rubber finally met the road in 2023, though, and investors are clearly liking what theyâre seeing. I looked into Decoy20 and found it unusually interesting, and itâs easy to see why investors see such promise in it. Decoy20 was inspired by the observation that tumors sometimes regress in the presence of a bacterial infection. The theory is that the infection may activate the immune system in a way the cancer doesnât. But you obviously donât want to infect cancer patients with bacteria that could cause them sustained sickness. Enter Decoy20. It contains âproprietary, attenuated and killed non-pathogenic gram-negative bacteria that have demonstrated broad anti-tumor and anti-viral activity.â In laymanâs speak, Decoy20 is a weakened bacteria that INDP theorizes will broadly activate the immune system while passing quickly from the system without making the patient too sick. Theoretical immune reaction from Decoy20. Source: [Indaptus website](. To date â and itâs still in the very early stages â the Phase 1 trial has borne that out. Just last Tuesday, the company released interim data from the first group of patients to receive Decoy20. According to a company [press release]( The interim data . . . demonstrated that as of August 31, 2023, each of the first cohort participants experienced transient activation of biomarkers associated with innate and/or adaptive immune responses, and generally expected transient adverse events, both associated with predicted rapid clearance of Decoy20. That last part is important because the idea is for Decoy20 to be in and out â to cause a sustained immune response but not a sustained bacterial infection. This lends weight to what has until now just been theory. The company presented the data to the Society for Immunotherapy of Cancer just this past Saturday. You can read more about it [here](. This was the first big news INDP had since September, and it was certainly a blockbuster capable of powering last weekâs rally. If Decoy20 works the way the company thinks it will, it could be a game changer for a whole host of cancer treatments. The potential is tremendous, and Iâm not the only one who sees it⦠Where Does INDP Go from Here? One great indicator of the promise in these early-stage biotechs is what company insiders are up to. This year, there have been [no sales of stock]( by company insiders. Thatâs exactly what we look for. At the same time, on August 17, insider Glen R. Anderson â who was already a 10% owner in the company â [loaded up]( on 103,352 more shares at an average price of $2.09 for a total spend of $216,388. Thatâs nothing to sneeze at for a company with a market cap of $20 million, and shows considerable insider confidence. It looks like investment bank H.C. Wainwright is extremely bullish on INDP as well. They just reiterated their 12-month price target of $12.00 on Friday, following the positive Phase 1 trial news. If they are right, that would be an eye-popping 380% gain from the Friday close. Wrapping Up Companies like INDP are real gems in otherwise uncertain markets. Their stock prices arenât as tethered to broader market forces as your S&P 500 bigwigs. The important thing is results: strong news about trial success can propel the stock much higher than any Fed pronouncement. Thatâs why I think this is the one stock that deserves your eyes ð today⦠Take a close look at the technical indicators I mentioned, study the broader chart, and review the [company website](. The bottom line is to do your homework. I really like INDP, and I think it merits your attention, but your assessment and your risk tolerance may differ from mine. Iâve been right on more of these âBright Ideas ð¡â than I can count, but Iâve been wrong on some too â usually due to timing. Iâll touch base with any updates, but in the meantime, have a great trading week. Itâs sure to be a wild one. To Your Success, By the wayâ¦Text âRAGEâ to 1-(888) 404-5747 to get all of my latest HOT STOCK ideas delivered right to your phone (make sure you put the 1 in!). *This investment involves substantial risk. Please see full disclosure below, and detailed discussion of risks and atypical results. Questions or concerns about our products? 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