Why AERC worked and RDBX didn’t

And what to watch for next. Good Morning! Every piece of economic data circulating in the financial world is horrible — it’s ugly, terrible, and bad. Fuel and food prices are exploding. The Fed could hike interest rates by [.75% this week]( Heck, even crypto’s crashing. But penny stocks are shaking up the market…. Yesterday, two penny stocks had huge gains in premarket and beyond. One offered the chance for multiple dollars per share for prepared traders… And there’s no excuse for missing out… [I laid out the plan in premarket for you here](. So you can whine, cry, and complain about the markets. Or you can work on yourself and your process. Read on for lessons on why my plans worked, and discover how having a plan keeps you safe… Want today’s top trading plans? [Join me here](. The Plan Kept Us Safe Redbox Entertainment Inc. (NASDAQ: [RDBX]( was on my watchlist for a [red-to-green move](. But it ended up gapping up a few dollars over Friday’s close. So in yesterday’s [Pre-Market Prep]( I updated my plan… For months RDBX has been one of my top three daily watches. Back in April, shorts were thinking DVDs are dead, this can’t be up that much. And that’s exactly why we saw RDBX squeeze from roughly $10.50 to $18. But it’s not about DVD rentals anymore … it’s all about the epic [short squeeze]( thanks to idiot short-sellers. I didn’t get the [dip and rip]( I wanted — but hey, having a plan keeps you safe. RDBX just got too squeezy in premarket. A $5 per share gap up is bait for shorts to add or take a new position risking the new $18 high. But RDBX is still holding up. We’ll see if it has more juice in the tank for a squeeze over $18 later this week… My Weekly Watchlist BIG Winner AeroClean Technologies, Inc. (NASDAQ: [AERC]( was my number one watchlist pick. And it didn’t disappoint… Even though it broke above $12 on Friday afternoon, in yesterday’s [Pre-Market Prep]( I gave traders the updated plan… Here’s what I saw on the chart in premarket… And once AERC broke above $13.50 it was off to the races. Because once it was over that level, most of the shorts from last week and in premarket were underwater. And that created an epic squeeze. If you traded the [dip and rip]( you could’ve made $3.50 per share on your trade! Even trading the [multi-day breakout]( over $14.25 had the potential for great gains. Check out the chart… AERC chart: 2-day, 2-minute candle — courtesy of [StocksToTrade.com]( And AERC reclaimed [VWAP]( in the afternoon. So like RDBX, it’s a watch for more potential squeeze over yesterday’s high. All in all, yesterday was pretty good for a day when the overall markets gapped down and crashed by 3%+. And people thought the world was ending. If you missed my plans in [Pre-Market Prep]( — why aren’t you in there yet?! I give traders my thoughts and trade plans every morning. [Sign up here and I’ll see you LIVE tomorrow]( Have a great day everyone. Tim Bohen Lead Trainer, StocksToTrade sponsored   [Find Profitable Trades In a Volatile Market]( Day traders should embrace this volatility. Looking for guidance? Get exclusive mentorship from two experienced traders, Tim Bohen and Bryce Tuohey. [Learn More About The SteadyTrade Team]( sponsored   [Man Who Called Tesla Issues Shocking New Trade]( This is all part of Elon’s plan to revolutionize this $23 trillion industry. One billionaire investor said, “Whoever disrupts this industry could be the world’s first trillionaire.” You’ll never guess the best way to play this. [Click here to get the details now]( Recommended Membership Gifts   ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. 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