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The stock market is hitting new lows. Crypto is falling apart. But is this the end of the world? NO. Forget what you’re hearing, don’t buy into the fear.
If you’re prepared, there are plenty of opportunities out there.
How? Because penny stocks don’t care what the overall market is doing.
Why do penny stocks exist in the first place? Bohen’s got you covered!
Tune in for a solid breakdown on Better Therapeutics Inc (NASDAQ: BTTX), a sketchy, heavily shorted biotech that was a GREAT technical breakout on Thursday.
And catch Bohen’s breakdown on Sidus Spcae Inc (NASDAQ: SIDU), a disaster of an IPO, but set up for a textbook dip and rip.
Learn how to spot these plays with Bohen!
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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
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All right, the world's ending it's the apocalypse, where's rick. Well, of course, the funny thing with walking dead as much as i loved rick, i almost think rick well, not almost rick rick basically is as much as he intended. I think rick just made the apocalypse worse in the end, that being said, stock market hitting new lows crypto falling apart. Ah it's the end of the world, but i will say this: there's amazing trading opportunities out there all right.

I am lead trainer with stocks. Trade tim bowen, i'm gon na, go over a couple setups one from yesterday and one from today that, in my opinion, technical breakouts, heavily shorted stocks story, stocks, the dip and rips the afternoon v-wap holds the abcd patterns. I'm telling you the great thing about the you know in these scary volatile times. Listen, you can ignore a lot of this fear-mongering, because one of my just like bad hair, don't care which i don't know.

If i even have any hair left bad hair. Don't care penny stocks, don't care about what the overall market is doing? Okay, so i'm going to talk about number one textbook about is textbook as they get for a dip and rip if you're on stocks, trade advisory, we talk about the dip and rip. I go really fast: i'm going to break down sid you later in the video and why it was a textbook one again because there's a great learning example there when we're talking about checking those boxes and then but i'm going to start with a great technical breakout And why i think this was the best play yesterday: okay, speaking of stocks, trade advisory click, the link below stupid, cheap uh right now, it's 50 bucks a year um, i'm live every single day. Every day, every single trading day i've missed two days in two and a half years.

I started this at the beginning of the pandemic and it was because my power was out and my internet tree fell on the line. Okay twice, i live in the middle of nowhere, i like being in the rural area, but anyway it happens, toy every single day for 50 bucks a year. You get an ebook, you get a weekly watch list. It's incredible value, click the link below all right bttx.

If you were on stocks trade advisory yesterday morning, it was a shaky morning. We were kind of looking for, plays not much out there. I'm like hmm, you know, and because remember we do a lot of q a and at the you know, i'm live at 8. 30., let me zoom in so basically i go live right here.

Okay, as i go, live all of a sudden bt, ttx, perks up and somebody met, you said: hey bttx. Over 240. i go to the chart. I look and i'm like whoa wait a minute.

What's going on here at 8, 31. right, here's, my cursor - and why does that matter? Okay, bttx, very, very, very sketchy, uh biotech trash company heavily shorted for a reason: okay, this stock should be heavily shorted. But let me go back to the first day of the move, which would have been tuesday. I mean look at this big gap up pulls back at the open and then look at that break of the high of the day that v wap hold high a day.
Break we talk about it. This is the pre-market high right here to buck 50.. It breaks that at 3, 30., basically rockets, a buck is shared to the upside that's day, one okay, then the beauty of this setup is day. Two gaps up in pre pulls at the open breaks, the high of the day, post 9 45.

Who knows what that is commonly referred to as the dip and rip as we like to say? Okay, that was day two day, three kind of went into consolidation mode. There was an afternoon breakout, but it pulled when it hit that 240 level, so again, let's zoom into yesterday, and why we care and notice i'll hover, my cursor there. So we are, you know it's officially day, four of the move in a terrible, heavily shorted worst air quotes worst stock in the world. Well, whenever drake breaks that triple top monday, tuesday winter yeah yeah when monday tuesday, wednesday yesterday was thursday when it breaks out that's significant, and why is it significant look at this volume? Okay, normally normally in penny stock land, if you've been around, you know normally the biggest volumes the day, one.

Okay, the press release drops on day one everybody piles in it's. You know it's party time on day. One look at the anomaly here day. Four of the move - and this is what grinds my gears when people are like.

Oh you know, there's no opportunity out there there's! No, i think i recently. I did the whole seinfeld serenity now thing, so i won't redo that maybe but anyway, i'm just like day. Four of a crappy penny stock and it's the highest volume day that has to be on your radar and what is great about this setup. Okay, it's day, four, okay, you should know about this stock and that's the very first thing i said on stocks: trade advisor.

I'm like listen, you guys, don't need me to let you know a day, wonder okay. Maybe you need the access to breaking news that i have. Maybe you need me to interpret a press release. Maybe you need me to look at the float and break all this down on day.

One! That's! Why i'm here! That's why i love what i do but day four, you had four days. Okay, you don't need me to tell you that this crappy penny stock is breaking a quadruple. Top okay, now doesn't mean it's a guaranteed setup doesn't mean it's going to work every time, but man your risk to reward is just incredible because then you risk the lows of the days down in the low twos and there's a buck plus of upside. On this thing, that shows you the power of combining all these factors.

Okay, that's yesterday's plays. Let's talk about today's okay, again, there's no lack of ideas out there. If you know what to look for so, let's talk about sidu this thing gaps up at 9am, 9am press release. You know how i love those 9am press releases.

Okay, it's a space-related press release, keep an eye depending on when you're watching this, the space related stuff. Really is kind of what i call a warming up sector - okay, it's not a hot sector yet, but we're really kind of getting there. We actually it's funny. Sidu dropped the press release this morning.
I think we had two other space related press releases today. Okay again, what am i gon na say i love when they know how to play the game. Okay, listen! There's, no coincidence that somebody at some sketchy penny stock is like hey. Do you see what sid you did today get that pr out? Okay, that's how hot sectors happen? Okay, it's! It's don't over complicate this thing, especially in penny stocks.

It is that stupid. It is that stupid that they see a 100 gainer and they're like we not. We got ta sell some stock. Okay.

Another thing you know: here's full of tips in this video. Why do penny stocks exist? Okay, ask yourself that i'll answer your question. I won't wait to sell stock. Okay.

Penny stocks exist to sell paper. Okay, i don't care what industry they are in. I don't care where they're located. I don't care what they say they do.

They are in business to sell paper. That's what they do. Okay, that's why you see these sectors? That's why you see two other space related press releases today, okay, anyway, gaps up in pre huge. Has the 9 a.m chat pump as well? I think 9 05 a.m chat, pump drops.

This is a low float. Stock. 6 million float it has the worst chart in the world man. This thing ipo'd, uh earlier this year, look at this disaster.

Okay, disaster of an ipo. Look at that candle on day, one murder, don't if there's any children in there in the room, don't show them that day, one ipo candle on sidu children that should not be subjected to seeing that type of horror. Then, every single day it goes lower every single day. That's what we want for a dip and rip okay, low flow news, chat, pump disaster of a chart, great volume, well timed pr: they dropped it at the perfect time.

Chat guy follows in all the stars are aligned, then? What do we do? Do we chase in pre? No, no! What we do is we wait for that week, open okay, the light gray right here. Light gray is pre-market right here. Where i'm hovering is the market open, big red candle, every idiot that bought this thing in pre-market, every that chatroom sheep that followed it panics out because they don't know what to do. They don't watch these videos they're, not in stock straight advisory.

They panic out. Then it bases and then guess what 9 45 it breaks. Four and spikes to 450.. That's a predictable pattern.

Okay and listen! You make 30 40, maybe you nail the top and you make 50 cents a share on a freaking two dollar stock. That's a good day! Okay got a couple hundred shares, maybe you got a thousand shares. You knocked down 500 bucks when everybody's talking about the world ending and it's the zombie apocalypse, but you spotted and here's the biggest thing. I don't care if you made 20, i don't care if you made freaking two cents, a share this repeats and it repeats and it repeats when you have a box checker on a dip and rip all right have an amazing day.
My friends and i know i rant on this all the time forget what you're hearing i i hate to always say the mainstream media, because i know what that sounds like the fake news, blah blah blah blah blah, but i'm telling you they're selling, you fear, okay, They get you to click, they get you to watch, they want. You scared. They want you doing nothing. While they make all the money you can look at stuff at bttx.

Yesterday, stock market destroyed, perfect play. You can look for a perfect dip and rip on a friday on sidu, or you can hide in your basement and cry all day. Long about the stock market. Ending and hoping rick comes through the door and saves you he probably won't he'll, probably screw it up.

Like he does, every time check out, stock security, advisory live every day, 8 30 eastern have a great day and we'll see you next time.

By Stock Chat

where the coffee is hot and so is the chat

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