Mastering Market Patterns: What to look for today...

This pattern sparked a 69% spike yesterday ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Good Morning! XTL Biopharmaceuticals Ltd. (NASDAQ: XTLB) had a 69% spike right at the market open yesterday morning… And if you think it was random, welcome to your first day of trading penny stocks. These stocks move in predictable patterns. I’m going to show you which pattern XTLB followed and where you could’ve entered at a break above a key level... Then I’ll show you a stock that’s set up for the same pattern — and the move could happen as soon as today. You’ll see what you should look for when I show you the charts. So let’s dive into [the pattern to look for]( and the entry to [ride the upside momentum]( Sponsored Mastering Market Patterns: The Red to Green The pattern that led to XTL Biopharmaceuticals Ltd. (NASDAQ: XTLB) having a 69% spike yesterday morning was [the day three surge](. XTLB chart: 4-day, 5-minute candle — courtesy of [StocksToTrade.com]( Looking at the chart, you might be confused ... Because the big move didn’t happen on day three, it happened on day four. Most patterns aren’t perfect ... And they don’t look the same every time. So I want to explain the basic premise of this pattern and how you can apply it to similar-looking charts… Spotting the Setup On day one, you'll see a stock make a big move usually due to a catalyst. Maybe it jumps from $2 to $5 in just a day. That's what we call a [big gainer](. Then instead of fizzling out the next day, which is what usually happens with these stocks, it holds onto those gains... The stock doesn't do much. It just hangs around, trading sideways. It baits in the [short sellers]( who bet that the stock will drop… And then on day three, four, or even five after consolidating near its highs, [the stock breaks out]( again. That's what we call the day three surge. [Discover three reasons why I love the day three surge pattern for new]( [and part-time traders in this video](. Finding Your Entry Now, let's talk about [where you should enter the trade](. When the stock breaks above the highs of the previous days, that's your signal to get in. This [breakout]( confirms that the stock is ready to make another move upwards. Here’s what it looks like on the XTLB chart. You can see the [Oracle support and resistance lines]( marked the key level around $3. (Remember, we don’t nick-pick over pennies.) And look at the [high volume]( that came in when the stock broke out. Now let’s look forward to the next potential day three surge… Canoo Inc. (NASDAQ: GOEV) has been slowly climbing since it announced its manufacturing facility was [approved as a foreign trade zone](. That could save the company up to $70 million in costs. Since then the stock has climbed from $1.29 to a high of $4.80. And it’s looking poised to potentially break out again. You can see how the Oracle lines again show the channel that GOEV is trading in. The top line represents the resistance level at $4.75 that the stock has to break through to have a day three surge. GOEV chart: 7-day, 5-minute candle — courtesy of [StocksToTrade.com]( [Get the Oracle support and resistance line indicator as part of your]( [StocksToTrade trial here.]( Remember that even when you’re trading repeating patterns, trading carries risks. That's why it's crucial to [set a stop-loss order](. This order automatically sells your shares if the price drops below a certain level, helping you limit your losses. Once you combine a repeating pattern with a stop loss and a solid plan to take profits, you can repeat the same trade and grow your account over time. If you want to learn more about the day three surge and other trading strategies, be sure to out StocksToTrade Advisory](. I send out an exclusive weekly watchlist and three market update videos three times a week. That way you can keep up with what I’m watching and the patterns to look for. [Join here](. Have a great day everyone. See you back here tomorrow. Tim Bohen Lead Trainer, StocksToTrade Sponsored   The #1 Company Leading the Biggest Energy Breakthrough of the Decade Self-made millionaire Tim Bohen is giving you an inside look at the megatrend that’s going to change everything. It will change how you live… work… and it will even change how your neighborhoods are built. Simply put: [It's going to become the biggest energy breakthrough of the decade.](   Sponsored ACCESS NOW: Click to activate this complimentary membership gift and receive daily market intel. [To The Moon Report Weekly Stock & Crypto Watchlist](   Recommended Membership Gift     [Facebook]( [Twitter]( [Instagram]( [YouTube]( [Spotify]( [Click Here to Unsubscribe]( (As an Amazon Associate, we earn from qualifying purchases.) 13809 Research Boulevard, Suite 500, Austin, TX 78750 **Tim Bohen teaches skills others have used to make money. Any results displayed are extraordinary and are not typical and will vary from person to person. For more info read our [Earning Claims Disclosure]( About: Making money trading stocks takes time, dedication, and hard work. My goal is to teach you how I have succeeded in the market, but you may not achieve my results. Remember, there are risks involved with investing, including the potential loss of money. 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