Welcome traders,
There’s a brand new stock that’s spiking to INSANE heights. And it fits my framework perfectly!
That means: We can track this price action over the next few days and weeks for calculated profit opportunities.
The last stock that spiked like this was Wheeler Real Estate Investment Trust Inc. (NASDAQ: WHLR).
It ran 1,100%* in September!
And true to my trading framework, the chart showed us at least two other massive bounces after the initial run. These were prime opportunities to profit!
A lot of traders forget about these stocks after the initial run. Keep these spikers on your watchlist. Past spikers can spike again!
Take a look at the WHLR chart below, every candle represents one trading day:
I traded the initial WHLR spike in early September. I also traded the bounce on September 10.
All three of my trades are displayed below:
I already traded the newest spiker from Tuesday. It’s following my framework perfectly.
It already spiked 1,400%*!
And I expect the chart to look a lot like WHLR. These patterns repeat in the market!
The Newest Insane Runner
On Monday afternoon … Before the supernova spike on Tuesday, we got a trade alert from my artificial-intelligence trading bot, XGPT.
The AI is trained to follow my exact framework on the hottest stocks in the market. And at 3:15 P.M. Eastern, before the market closed on Monday, we got a specific trade plan.
Take a look at the alert below:
The alert was for Bright Minds Biosciences Inc. (NASDAQ: DRUG).
The price had begun to spike as part of a short squeeze on Monday afternoon. That’s when the XGPT bot took an interest in it.
You can see the alert overlaid on the chart below, from Monday to Tuesday.
Every candle represents one trading minute:
Get the next XGPT trade alert!
Most of this price action is from short sellers blowing up. But for me and my students, there were massive opportunities to profit with a long-biased strategy.
See my post on X below:
I am SO proud of SOOOOOO many upcoming https://t.co/occ8wKmlgm students on $DRUG and as many sad tweets you're about to see from overaggressive short sellers, I have multiple times as many testimonials from students on THE RIGHT SIDE OF THIS SQUEEZE!
This is why I'm teaching my… pic.twitter.com/3M6XhiqW0t
— Timothy Sykes (@timothysykes) October 15, 2024
Had a trader followed the XGPT instructions …
- Buy 1078 shares at $1.95 and sell at $2.49: A $582 profit.
And to entertain myself …
- The total opportunity, based on the day high of $29.12: A $29,289 profit.
See my post from X below:
LOL I go away for 2 hours and $DRUG goes to nearly $30/share?!?!?!?! Whewwwwww, there are SO MANY untrained over-aggressive shorts in this market, this thing spiked 10x from my multiple buys last night, insane upside for ANYONE WHO IS PREPARED! Study https://t.co/AsnAnwNH9r
— Timothy Sykes (@timothysykes) October 15, 2024
This was a CRAZY runner on Tuesday.
And there are still trade opportunities ahead!
Follow-Up Bounce
I don’t want to buy shares of an overextended stock.
It’s true, DRUG could squeeze higher from here. But I already snagged a solid profit from day one.
Right now, I’m more interested in a dip that leads to a sizable bounce. Like the bounces on WHLR’s chart in September and October.
Wait for the price to fall lower.
Then, when the chart shows us bullish momentum, like when it trades green on the day, we can use support and resistance to build smart positions.
If you get stuck, use XGPT to inform your setups!
Enter the DRUG ticker into XGPT and it will spit out a trade plan as if you asked me directly.
Cheers
*Past performance does not indicate future results
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