Hereâs what to know for next time⦠Good Morning! Yesterday, social media names like Snap Inc. (NYSE: [SNAP]( Twitter, Inc. (NYSE: [TWTR]( Pinterest, Inc. (NYSE: [PINS]( and more, lost roughly [$200 billion in market value]( And while some traders might look to buy the dip in some of these beaten-down names, Iâve been able to stick to the same [penny stock plays and patterns Iâve traded for years](. Even in this wild and volatile market ⦠penny stocks remain consistent. And yesterdayâs action was no different. My number one morning watch offered both aggressive and conservative traders a chance to profit⦠I outlined my ideas in the [SteadyTrade Team]( morning webinar and alerted [Daily Market Profits]( subscribers. If you missed it, hereâs how it played out and why it worked⦠Why I Watch Multi-Day Runners On Monday, my top watches were [monkeypox plays]( like SIGA Technologies, Inc. (NASDAQ: [SIGA]( and GeoVax Labs, Inc. (NASDAQ: [GOVX](. But they didnât do much that morningâ¦. SIGA chart: 1-day, 1-minute candle â courtesy of [StocksToTrade.com]( GOVX even had a hard pull back and halted to the downside⦠GOVX chart: 1-day, 1-minute candle â courtesy of [StocksToTrade.com]( But as the day went on, GOVX got more and more interesting⦠Right around [the 2 p.m. window]( GOVX broke through the high of the day and squeezed up to $2.80 â a 50-cent-per-share move! GOVX chart: 1-day, 1-minute candle â courtesy of [StocksToTrade.com]( Now that brings us to yesterday⦠GOVX was still on my radar as a monkeypox play. Then in premarket, they played the game⦠The company announced [cancer news](. (Remember: âScaryâ news moves stocks.) The [Breaking News Chat]( team alerted it 30 minutes before the market opened. GOVX was trading around $2 per share when the news dropped. And about 20 minutes later, it spiked huge. When I saw it in the [SteadyTrade Team]( morning webinar, I said it must be a chat pump... Sure enough, the chat guy was long. The stock went [red-to-green]( and I immediately warned everyone who traded the premarket move not to get greedy. Buy in pre, sell in pre. But if you missed the premarket move, it wasnât over. I mentioned that If GOVX became a chat survivor, it could be a 9:45 am [dip and rip](. Just like [CBIO on Monday](. If you were feeling [FOMO]( remember you didnât have to enter early. (At the market open, there are still seven hours left in the trading dayâ¦) And if you had the patience to wait, GOVX didnât disappoint yesterday⦠GOVX chart: 1-day, 1-minute candle â courtesy of [StocksToTrade.com]( Why did my GOVX trade idea work so well? It checked a lot of the boxes⦠- Irrational [short squeeze]( on Monday (a sign of trapped short sellers)...
- Premarket press releaseâ¦
- High volume ([find out why it matters here](...
- Red-to-green move⦠If you [learn the process]( and put together the âwhyâ before you make a trade, then youâll be ready to catch the next big spiker. If youâre in the SteadyTrade Team, Iâll help you build a case for each runner in [my twice-daily webinars](. But if youâre not, you can still [use StocksToTradeâs Breaking News Chat]( to get news and chat pump alerts. And [get my ebook]( to learn my repeatable trading patterns. Study up, use the right tools, and practice. Thatâs how you get 1% better every day. Have a great day everyone. See you back here tomorrow. Tim Bohen Lead Trainer, StocksToTrade sponsored [Millionaire Trader Demonstrates: âThe Worldâs Most Predictable Stockâ (Ticker Inside)]( Jeff Clark has shown more than 170,000 regular people â from teachers to doctors â how to radically change their financial future â in just a few minutes every month. It starts with âThe Perfect Stockâ â allowing anyone to collect gains of 100%, 228%, and 373% in just 8-days â in any market condition. This secret is already changing the lives of regular folks, check it out: (live demo revealed) [Click here, itâs all revealed in this exclusive interviewâ¦]( sponsored [The $7 Investment That Could Change Your Life]( Every market-open, this proprietary scanner (with an 85% win-rate on the year) filters through thousands of stocks within seconds to create a list of 20 potentially big-movers. Imagine the hours of research this powerful algorithm can save you every morning. Your next big trade could be alerted to you by this scanner as early as pre-market tomorrow⦠[Click Here To Get Instant Access For Just $7.]( Recommended Membership Gifts ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. [To The Moon Report Weekly Stock & Crypto Watchlist]( [Stock Market Safety Course By Millionaire Trader Tim Sykes]( [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 *Please note that these kinds of trading results are not typical. Most traders lose money. It takes years of dedication, hard work, and discipline to learn how to trade, and individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose. This is for informational purposes only as StocksToTrade is not registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. StocksToTrade cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. StocksToTrade in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, StocksToTrade accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns. Copyright © StocksToTrade.com