5 reasons why PALI wasn’t dead on Friday

And why I made it my number one watch...                                                                                                                                                                      Good Morning! On Friday, some traders thought Palisade Bio, Inc. (NASDAQ: [PALI]( was dead in premarket ... It had a big squeeze then crashed and gave the move back. So I can see why some traders might have thought it was over for PALI… The company did an [offering]( and that’s typically bad news. And even without the offering, I typically don't like stocks that give back the entire move. But PALI was a little different… So let me explain why I didn’t think it was dead. And why I actually made it my number-one pick and trade alert for the day. [Sign up here to get my next trade alert delivered to your inbox](. Two Ways To Trade PALI Looking at this chart of PALI in premarket on Friday, I can see why some people thought it was dead. It doesn’t look good… PALI chart: 1-day, 2-minute candle — courtesy of [StocksToTrade.com]( With just one red candle on the 2-minute chart, it gave back almost its entire premarket gains. But if you didn't think it still had the potential to squeeze — here’s your lesson for the day... Even after PALI had a big red candle when [the offering news]( hit…. - The stock was still up 30% for the day. - It was still up 100% from Thursday morning. - It has a [low float]( of 1.47 million shares, - It traded 10 million shares in premarket. - It was a Friday before a long weekend. So it had all the components for a potential squeeze. I laid it all out in [the notes I included in my alert](. PALI wasn’t a dip buy on the bad news… The plan was to wait for key levels to break. And approach it the same as we have been in the [SteadyTrade Team]( for over a week now! It's so important I put it in 96-point font. Almost every day of the last week we had a midday or [afternoon move](. Even though the signal price for my trade alert hit in the morning, my proposed [risk level]( never got hit, so you still could’ve made a nice trade following that idea. And, you could’ve made another nice trade plan buying the high of the day break in midday over $6. And you could’ve caught a $2+ per share move! With the afternoon trade theme staying strong, you could’ve made another midday trade in Kala Pharmaceuticals, Inc. (NASDAQ: [KALA]( for the third day in a row. (Although it has run so high now that it might be out of some traders’ price range.) I hope you’ve caught some of these incredible afternoon moves we’ve seen lately. If you don’t want to miss another hot stock — [subscribe to get my next alert delivered to your inbox](. Have a great day everyone! See you back here tomorrow. Tim Bohen Lead Trainer, StocksToTrade   sponsored   [COLLECT NEW LIVE TRADE SIGNALS!]( Today’s game plan has been laid out & we’re ready to share new trade opportunities with you… We’re only isolating the hottest stocks – and this action can move QUICK. Having spotted incredible runners like HARP for 118%, AMAM for 225% and even COSM for 426%. Keep in mind, each of these gains were realized in only hours. Therefore we recommend you collect the next alert LIVE: [>> RSVP: Claim new trade opportunities now]( sponsored   [Ultimate Options Trading Blueprint]( Mark Croock finally dropped his [options trading blueprint]( And it’s perfect traders with small accounts… And for a limited time, it's free! [<< Click here now to claim your blueprint before it's too late >>]( 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]( [Mark Croock Evolved Trader Daily](   [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