Obvious spikes with news ⦠â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â Good Morning! In [yesterdayâs Daily Accelerator]( we discussed some prime swing-trade opportunities. Today, I thought weâd explore the other side of the coin: Highly profitable day trades. Remember, swing trading and day trading are both viable setups. It just depends on your preference. For some people, swing trading makes more sense. For others, day trading is the way to go. Thatâs why these reports are so important. In the beginning, traders need to explore as many setups as possible to find the strategy that works best for them. A quick recap: Day traders take advantage of intraday price action. These day-trade stocks can spike 100%+ intraday. For example, Collective Audience Inc. (NASDAQ: CAUD) spiked 120% on Monday after the company announced a strategic business partnership with Insticator. The news boasted about Insticatorâs 350 million monthly consumers. The chart below shows CAUDâs spike after the news came out. Every candle represents one minute: CAUD chart intraday, 1-minute candles Source: StocksToTrade Sponsored We donât want to trade the entire move. I know that a 120% profit sounds nice. But itâs dangerous to try and time these plays perfectly. Instead ⦠- We get in.
- We get out.
- We move to the next hot runner. Profit Process Our goal is to identify volatile stocks that can follow support and resistance levels. Then we take advantage of those key levels to profit from intraday momentum. Thereâs more information about support and resistance in the video below: [(Join one of my trading LIVE streams to answer any lingering questions)]( [[ratio] ]( These stocks CAN spike for multiple days, but we need a watchlist to take advantage of the multi-day momentum. We canât just buy and hold shares for a random amount of time. These are volatile penny stocks after all, the spike will eventually crash. For that reason, we have to exercise caution. CAUD is still on my watchlist this week because the price could spike again. Iâm waiting for the chart to confirm another move before I plan a trade. And CAUD isnât the only ticker eyeing new highs ⦠My Day-Trade Watchlist Sometimes we see these plays spike and then consolidate for a few days before spiking again. A watchlist helps me keep track of the hottest runners in the market. Thatâs how we can catch follow-up moves. These are the day-trade stocks that Iâm focused on right now: - Collective Audience Inc. (NASDAQ: CAUD)
- Global Mofy Metaverse Limited (NASDAQ: GMM)
- AGBA Group Holding Limited (NASDAQ: AGBA) All of these stocks started to spike with an obvious catalyst. For example: CAUD announced a business partnership with Insticator. We can track these catalysts. And when the news lines up with bullish volatility, thatâs our signal to plan a trade. Traders got an alert for each of the stocks above right when the price started to move. Take a look at the corresponding charts below. All of the candles represent one trading minute: CAUD chart intraday, 1-minute candles Source: StocksToTrade GMM chart intraday, 1-minute candles Source: StocksToTrade AGBA chart intraday, 1-minute candles Source: StocksToTrade Now weâre just waiting for the prices to push higher ⦠There will be more day-trade opportunities this week! Add these stocks to your watchlist and pay attention to the past price action. Thatâs how we find key support and resistance levels. And for the next big spiker: [This is where we get Breaking News alerts]( Have a great day everyone. See you back here tomorrow. Tim Bohen Lead Trainer, StocksToTrade Sponsored Sponsored ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. [To The Moon Report Weekly Stock & Crypto Watchlist]( [Daily Strike Report Newsletter with Ben Sturgill and Jeff Zananiri]( Recommended Membership Gifts
[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. We are strongly committed to protecting your privacy and providing a safe & high-quality online experience for all of our visitors. We understand that you care about how the information you provide to us is used and shared. We have developed a Privacy Policy to inform you of our policies regarding the collection, use, and disclosure of information we receive from users of our website. Our Privacy Policy, along with our Term & Conditions, governs your use of this site. By using our site, or by accepting the Terms of Use (via opt-in, checkbox, pop-up, or clicking an email link confirming the same), you agree to be bound by our Terms & Conditions and our Privacy Policy. If you have provided personal, billing, or other voluntarily provided information, you may access, review, and make changes to it via instructions found on the Website or by replying to this email. To manage your receipt of marketing and non-transactional communications, you may unsubscribe by clicking the âunsubscribeâ link located on the bottom of any marketing email. Emails related to the purchase or delivery of orders are provided automatically â Customers are not able to opt out of transactional emails. We will try to accommodate any requests related to the management of Personal Information in a timely manner. However, it is not always possible to completely remove or modify information in our databases (for example, if we have a legal obligation to keep it for certain timeframes, for example). If you have any questions, simply reply to this email or visit our website to view our official policies. Copyright © StocksToTrade.com