🔽Time stamps:
0:01 $PNGX penny stock gap up short. $BA $ITCI biotech stock hype run
5:38 Red day recap $RAD earnings trade. $NLNK $CANF $MBOT fomo
9:38 $PT penny stock gap up buy. $ITRM low float runner. $RAD washout long
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Holiday trading weeks are usually low range and low volume. I traded 3 days out of 4 trading days. Had a nice start before Christmas eve trading $ITCI biotech stock on the long side when the stock was breaking out on the daily.
I was frustrated to come back from Xmas break with a small red day on Thursday, after seeing that I had missed the action on $MBOT low float runner play. I got squeezed by $RAD short and had many small losses on $SPPI $NLNK.
Ended the week green with $RAD washout long and $PT premarket gapper buy.
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How to Read SEC Filings When Buying Penny Stocks
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How to make a Premarket Watchlist for Day Trading Part 1
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How to make a Premarket Watchlist for Day Trading Part 2
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So it's December 23rd, usually the holiday week. Trading is usually pretty light and the most of the actions happen within the first hour of the market opens so coming. In today I was just holding. Everyone was trading with that.

You know, may nail-and-bail today. I'm no need to stick around and kind of ruin your holidays, if you get chopped up with low volume, just take the meat of the move and move on and enjoy the holidays, and that's kind of why I did today capping up three marketers, PG and X. They had some news about positive phase, 3 data and one of their drugs, but the key is the volume was extremely low, pre market, so the stock was gapping up above six 20s. The key resistance daily level, but the key is that it couldn't hold the steini level kind of failed, the six 20s and that's where shorted, risking six dollars and covering into the washer and at the market open it popped above the pivot.

I was looking at, but another thing is, it didn't hold and when I saw the weakness, that's why I went in and we shorted and covering to the wash and kind of left it long. And, as you can see, I left a lot of money on the table, but that's okay, because you know neo and bail. I just kind of want to take my profit and go enjoy my holidays. So next stock is another stock pre-market trading, so BA Boeing.

They have the news of CEO leaving effective immediately and that news is actually positive for the stock because they had a lot of trouble with their aircraft they're suspending production - and I guess investors were happy that the C current CEO is removed, and hopefully the new leadership Will bring production to better quality? So that's why I long the news release. Actually the stock was halted and long the young hold, and also the daily charts has a lot of no upside to run. You can see the stock. Has we even beaten down since pretty much three 90s and pre market? It was trading around 3:30.

So there's a lot upside on this and that's where long and the selling to the push and was hoping a stock and break and hold this 340s level on the daily charts. But it couldn't break above it and that's why I added here thinking I could go even higher and I trimmed actually just cut my losses here around 3 337. So in the next few days I expect us to see some more upside on boring stuff, but I'm all out of the position for now. So the big runner on the day was I TCI up over 150 %.

At one point, I believe the stock had news of FDA approval now, as you can see like other pre market open, as I was actually shorting a stock, because I was thinking this news might be priced in already right and then, when a stock is doubled overnight, You know I thought this was sell off, but you know, like I went short at the market open scene that failed, pre market highs went short around $ 26 and covering into the wash, and I had a little piece left short, and this is where I covered And I started flipping long small size because I was saying this volume is extremely strong and you can see the buying volume was still a lot more significant than the selling volume, and that's why I was seeing. Okay like this stock is being propped up. It's not flushing down to even lower pre-market around $ 20. That's where the level always looking at it then get there.
That means there's a lot of buying interest on the stock and whoever's propping the stock up they're propping up for something else. Right, like the stock, has an outstanding s3 ATM offering registered. So you know a lot of times as what happens with these biotech stocks with positive news and FDA approval. So that's where I entered long here after covering short and added into even bigger size after that scene and this stock is extremely bullish, and this is an area where I was getting a little bit worried.

I'm not gon na lie pick just because we didn't break through this pretty market high immediately right. Some of the strongest breakouts we've seen in a pass on these biotechs happened almost know instantaneously, breaking about free market highs and we were teetering around this area for a while and that's why I trimmed my position here and at the back here after seeing that. Okay, finally, is breaking out with really really strong volume, no like on average, 1 million shares volume. So that's an extremely bullish.

They want to take the stock higher and I want to join the trend. I don't want a counter trend trading, especially when this stock is easy, to borrow, I'm almost all the brokers out there, so I added to full size start selling some into it all the grapes and sell. So the majority here because there's a key resistance level on the daily chart $ 34, and this is where I actually was out all my long position here. My long position here I was out over here and I stopped just took off without me after I sold my mom position and obviously now this is extremely frustrating.

The stock at one point was actually halted and you can see. I went back smaller-sized trying to scalp this, for I'm hold set up again, like I've. You've seen me do many many times in the past before and the scalp didn't work out, and this is where I gave back so my profit from earlier, and this one too. I mean, like you know, like I, shouldn't have went back, shoulda just left it alone and take my own advice right.

But thankfully this was just a small loss and I was all completely out to a bit on the back side here. So that's the three trade. I did on the day today I'm done trading for the day. I'm going up the mountain to go snowboarding today and tomorrow I'm really excited and I'll be back trading on the 26th.

So I want to do a small read a recap: coming back from the holiday break, I took two days off and I'm 24th is when I see em be ot running and a lot of times when I'm away, I see a stock like these, like squeezing from $ 11 all the way to all the way to 20. I missed it all because I was out that's where I feel kind of FOMO, I'm a little bit too eager to trade on the day. I come back and, of course that's where I made a mistake on our ad today. Unfortunately, so you know I can even see I already made the money on the short pre-marketing.
I should just left it alone right, like it's a nice 30 cent short and buy at the market open. I completely counter trend, traded and ignored the Brit above average breaking volume here, and you know I'm sure they here should hear it covered for a big loss here, which gave back all my profits from before, and I really just should have left it alone and kind Of wait it a little bit more, but no, you know even make even more mistake, even though I make money on the second tree. That doesn't mean in a good trade and went long here, long, tear and sold here. So I made back, you know song the losses from here.

So you know at this point: it's a small loss after the stock, but still like this Rome trade. It's not a good trade, because I'm all flustered, I'm just you, know fighting for more and fighting all the emotions. After coming back for two days break and as you can see, I went back and tried to scalp it long again and that's why I gave back even more profit. So, at the end of the day you know I made some loss on our ad.

It's not a huge loss like I did, I'm ASO nya y ou, but still it's not a good trade, and you can see it's counter trend trading and breaking a lot of my own rules and I completely missed everything on the grind at near the end of The day on this stock, so you know kind of frustrated coming back with a small loser like this one, so the female, I guess the theme of the day is death by a thousand paper cuts. The next arc is also a loser on the day started. Some small on this one s PPI: they had some face to trial failure, so bad news, but I was trying to bottom bounce it because it it's a said. I'd like done a couple of times in the past before and I started in really small, prima.

Ok, I cut it here. No leaving this a small paper cut. That's okay, and this is why I went back in after seeing that it's reclaiming four dollars and added some more on this small tip and you know like I was trying to let it work trying to let it reclaim four dollars and slowly grind up to 450 And eventually, five dollars, possibly, but you know just kind of didn't work out, so I cut it here and the stock tur slowly faded off O'day. So it's a good thing.

I cut the loss, I guess, but it's another small paper cut on this one. Another loss on the day and lnk this one is also a small loss, but you know death by a thousand paper cuts. Still, they o add small, starter here, shorts, risking three dollars. I want to see how it reacts to a three dollars level at the market.

Open, so I was looking for an Ln K to fail three dollars at the open and that's where I'll start adding into bigger size on the short, but when it proved to be too strong. That's where I cut my losses here, so I kept the loss. Pretty small and manageable, and I was able to avoid this squeeze all the way to 360s. So the next stock is the only winner on the day, unfortunately canf the stock is why I'm really familiar when I've traded many times in the past shorted apart and covering on the washes, didn't catch the bottom.
I was so out of the shorts here and this way I see a pop again. That's why I'm waiting short again and covered here before the squeeze from nowhere. So I'm really happy about the execution on this one Dan outstay. My welcome so as you can see, I'm pretty frustrated to come back from the Christmas holidays, with a loss on the day.

But you know you make something you lose some! That's the name of the game with day trading. The only thing you can control is managing your risking how much you lose and keeping all your losses planned and controlled. So a nice screen day to end the week. As you remember, I ended the day a little bit red yesterday so today I want to be careful and be patient with my entries and that's kind of.

Why did today I'm really happy with my executions today. So PT is the gapper on the day and it's the first stock. I played pre market and they had some news about. You know a deal agreement with some Chinese company.

You know the usual fluff news, but the reason that made me like PT so much. It's the fact that you know the daily charge was setting up to be no very bullish right. The daily chart is capping up into the daily cap, and yet the holds this one nighty level which I drew here then there's a lot of upside to fill the daily gap, and so that's the kind of range I'm looking for, and second at least I couldn't Find any delusion in the filings for the stock so short term as a day trade, it's likely to pop higher, and that's why I longed you know after a break and hold and 190 level long term and add some more on the momentum push and was selling Into other pushes towards to 70s to 70s because of this daily resistance level - and I was out most over here and I have a small size left in any open after this extended sell off. That's where along the wash - and I had some more orders down here by never got filled, and after I long on the tip here too, I started selling into every single push.

My final price target was $ 3 and possibly three 30s. That's why my last was left. The order was left to sell, but you know like we rejected the pre-market highs. That's where I got stopped out here and mid day.

I went back after seeing on this of some volume coming in here on this video op reclaim area. I loaned a small bit a little bit more think. You know we can retest the highs and possibly go back to three dollars when you fail to hold that's. Why I got out and the stock is just kind of slowly slowly selling off, but you know I'm down for the day on this one home the long side, the next trade is ITR M.
So this one is just a little momentum. Trade on small size, mister chat, room pump. I think we know what this chat room is, but it was halted around $ 5 saying I was just lonely in the tips after them hold seen that there's a lot of volume and it was still holding about $ 5 and a lot of daily upside to Run so long risking $ 5 and sell it into every single push and, of course, as usual I never get to sell at the top around 640 s here my best sell was $ 6, but that's enough for me. I don't want to get caught on a dump like this one, so nice and little wing on the day.

The next one is our ad. So this is the one that I took a bigger loss on yesterday, short it and then long and shorter yesterday. But today I was really happy with how patient I was. I had all these no support levels strung out and I was waiting to buy the tips on this one because you know like for me buying the breakout on this.

It's really extended on the daily, as you can see, it capped up huge three dollars overnight and that's why I didn't want along the breakout at the open, because I was thinking it. We can push and then really quickly fail and that's why I was waiting around the $ 21 into actually $ 20 area, but when I was seeing that we're not gon na dip that low that's, why I took a starter here around 21 70s and added a Lot bigger on this $ 21 area - and I was just looking for bounce on this - tell me into all that all the bounces and sold the most of it here and then I was seeing that oh, we can reclaim the WAP again and that's why I add It back and when we fail, that's why I got stopped out other entries on the rest of it, so I'm alt on the long side on this one and the stock just looks like it's gon na sell off now, but I'm old um for the day. Unless so, I'm really happy to end the week green on this short week, I only trade the three days out of the five. So I hope everyone had a nice Christmas with friends and family and thank you guys so much for watching me this past year and let's have a good 2020 trading year.


By Stock Chat

where the coffee is hot and so is the chat

35 thoughts on “Buying penny stock breakouts premarket trading $mbot $itci $rad $nlnk $pt recap”
  1. Avataaar/Circle Created with python_avatars El Angel says:

    I smashed the like button as ordered

  2. Avataaar/Circle Created with python_avatars Mercot Singh says:

    ITS FUNNY U BROUGHT BREAKOUTS? IVE BEEN STUDYING VOLUME RATIO/GAPS…N IVE FOUNG\D THAT THE BIGGEST GAPS ACTUALLY HAPPEN IN LOWER VOLUMES…????250-350000…ANYTHING ABOVE THIS USUALLY LEADS TO SELLING OFF…BUT STILL POSSIBILITES? BAG HOLDERS …N FALSE BREAKOUTS,,???

  3. Avataaar/Circle Created with python_avatars mitchimuus says:

    I noticed the Canadian flag on your desk… do you trade canadian markets at all ?

  4. Avataaar/Circle Created with python_avatars Michael Smith says:

    LOL "Nail and bail" Too bad you cant fit that on your Lambo lic plate 😉

  5. Avataaar/Circle Created with python_avatars Warren says:

    Thank you Humbled Trader! Happy New Year and have a awesome 2020. All the best!

  6. Avataaar/Circle Created with python_avatars Retire by 50 says:

    Great video, love the instructional tips!

  7. Avataaar/Circle Created with python_avatars NoyPi Trader says:

    Happy new Year HT Group 🙂 best wishes for next year

  8. Avataaar/Circle Created with python_avatars Dharmesh Parekh says:

    Hi, i have been watching your videos since while and i was wondering if you can suggest me something on forex conversion or if you can make a video on CAD TO USD rate conversion and vice versa..how we can save fees and how much it would actual cost for doing US trade for canadians..i would really appreciate your help!..thanks and have prosperous new year!

  9. Avataaar/Circle Created with python_avatars Terry says:

    Happy New Year Humbled Trader !! Hope next year is your best ever. I ended December Green. So you know I'm happy. Take Care. See ya Next Year 🙂

  10. Avataaar/Circle Created with python_avatars King Robert says:

    Hi, I like your videos. Can you show step by step how to buy or sell options on Webull?
    Happy New Year!

  11. Avataaar/Circle Created with python_avatars leonaed m says:

    There is a video online that is criticizing you and your videos.
    I'm sorry to be a human being when I see something so wrong, well dumb frankly…
    Hope it doesn't bother you that someone can be so wrong and advertise it so blatantly…. so sorry.
    Here is my comment to the man on his video. Hope it helps you to know that normal people actually watch your videos and love them and you for them… Keep up the good work. It's so interesting and makes me so happy to learn so much without destroying my mind and account in the process…

    Here is my comment;

    Dude, I don't mean to be critical here but it looks like you have not watched nor understood the videos that you are critiquing.
    It is precisely because of the dangers that you pointed out that I love watching this girls videos on trading… In my opinion she is amazingly good at pointing out the dangers of trading using patterns and chat room alerts without understanding the charts players (traders) or volumes and supply and demands of market moves… I actually think that you should try to understand some of the awesome things that she is teaching without your mind being distracted from the information she gives you… You would find that her advice offers you the best strategies for the best market conditions based on the actual things going on with the buyers and selllers and those nasty nasty stocks that are diluting their stock continuously and spending all their investors money over and over again..
    So please rewatch them … I'm loving them. And I think she is a braves and hardworking person that doesn't really need someone critiquing her ideas without understanding them. But until you take the time to understand them you will be stuck with all the dangers that you pointed out and no help like I have…
    God Bless!
    I'm sorry that I forgot to tell him how funny you are as well… oh welll. He may reply so I may have another chance….

  12. Avataaar/Circle Created with python_avatars Steven Jacks says:

    Great videos and content. I do not day trade. I used to invest a multi $B private Corp retirement fund. Actually managed about 25 investment firms plus invested about $100m in house in equities and $200m in bonds. All very restricted in approach. 4th market trading etc. I’ve been out of the game for a while (private reasons). I started back in. Equities, CME, FOREX. Sometimes swing sometimes longer. I make a lot more in my day job than I can day trading. But I do like to listen to what others are doing. Sometimes you get some nuggets. BTW I use an alias for obvious reasons. I enjoy your channel it provides interesting insights in a part of the market I don’t play in a lot but can translate sometimes into my realm. Thanks much and good luck continuing to build your subscriber base.

  13. Avataaar/Circle Created with python_avatars Joseph Kevin says:

    FCEL, FLXN gapped up and filled. they are big cap, no reverse split and offering, what caused they faded after PR. hope to get your explanation. tks

  14. Avataaar/Circle Created with python_avatars meesterhoward says:

    I'm in the market for Lambo's 🎅

  15. Avataaar/Circle Created with python_avatars Joseph Zhou says:

    Good video. Which trading platform are you using?

  16. Avataaar/Circle Created with python_avatars Richard Castillo says:

    Glad you had a fun Christmas on your custom Lambo snowboard. I had a good week trading Tesla. Hope to make enough to order my Tesla Truck in 2020!!

  17. Avataaar/Circle Created with python_avatars NIO says:

    With the holidays traders tend to just take off and the volumes tend to drop. Some are showing off their Lambourghini's while smashing into other cars LOL But your right time to just relax and enjoy the holidays with family and friends Humbled Trader, while wolfing down candies, meals, and drinks.. Get the Pepto! 🙂 Happy New Year Humbled Trader looking forward to a brand new year in 2020 🙂 Cheers

  18. Avataaar/Circle Created with python_avatars Family Toy Adventures says:

    I really enjoy your videos. I do think you're overtrading quite a bit. The recap videos and your thought process during your trades is great, please continue. Hi from Vancouver 🙂

  19. Avataaar/Circle Created with python_avatars bob para siempre says:

    $ONTX Are you ready for this! $FCEL is my other play! What do you think?

  20. Avataaar/Circle Created with python_avatars edward black says:

    great video , i saw you enjoy with snowboard, do you know how to surf or you just take photo 🙂
    when are you starting TV show 🙂

  21. Avataaar/Circle Created with python_avatars Trader Terence says:

    Another fantastic video, personally I was holding an AMZN call and on Dec 26 it exploded! I sold too early and missed out on so much gains though T_T

  22. Avataaar/Circle Created with python_avatars Steven's Day says:

    Great video. I did great with $mbot $itci. I held $PT and $NLNK through the weekend. Also did great on $SAVA last week 2 different days, can we get a 3rd? I use TDAmeritade and am not to $25000 so I cant do very many one day trades. I did get one friday though on ITRM. Im wondering how it will do it monday because if you look at the open spike, then you see it did it pretty close to close again. I dont usually see the same spike like that. I am still new to this so not getting too aggressive with my buys, usually only 100 share or 300 if im feeling confident. But I have a question, I have watched alot of your videos already and my question is. If there were 3 must watch videos to help a new person from anyone on the internet that I didnt have to pay Lambo money to watch, what would they be?

  23. Avataaar/Circle Created with python_avatars Larch says:

    How much are fees for you typically?

  24. Avataaar/Circle Created with python_avatars Patrick Star says:

    Hi. I really like your channel so far but I'm still kind of confused on the terminology you use because I'm new to stock trading🤣. Also can you correct me if I am wrong but you buy large amounts of penny stocks for capital gains? is that accurate? and how long do you hold on to these penny stocks?

  25. Avataaar/Circle Created with python_avatars The Giants says:

    My Christmas was good I spent it with family and friends. I hope yours was really good. I went Snowboarding as well in Aspen. The Snow is awesome here and the Trails are Top Notch..RIco:)

  26. Avataaar/Circle Created with python_avatars the_noble_lefty says:

    Off work for 2 weeks so i get to trade using my laptop+monitors instead of my phone…yay!!!

  27. Avataaar/Circle Created with python_avatars Stendaal Cartography says:

    This week I played: PGNX, ITCI, RAD and NLNK, friend. Not a bad week for me.

    Looking for NAKD post-RS pump Monday. It was steady decline after the split from almost $3, then bounced up from $1.52 and have been sustaining new support at $1.77. I was hoping this drop to 1.20ish before I start gathering positions but when it bounced up from 1.52 to 2 something, I FOMO'd and got it at 1.77, but I think risk to reward is still pretty good, like 1-5? depends on how much of risky player you are.

    What a coincidence. I planned to go snowboarding on Christmas, but that morning as I woke up, I accidentally stepped on my glasses so I couldn't go. Yeah, I snowboard with my glasses on lol. Contacts are annoying… I so wish I had now anyway, so I could say, "hey I went snowboarding, too, friend!"

  28. Avataaar/Circle Created with python_avatars Nelson Lee says:

    I work through the Christmas holiday, but other than that it was great. Didn't really trade because it was a short week. 2020 is going to be a great year, happy holidays to all

  29. Avataaar/Circle Created with python_avatars jaemis boker says:

    Hi, Holiday Greetings to You and Yours ! Watching your market analysis often. Thank you.

  30. Avataaar/Circle Created with python_avatars Michael Dean says:

    Happy Holidays HT!!! I also ended the week in the green. I stopped swinging for the fence and took many singles and a few doubles 😉 Thank you so much for your insight and compassion for Day Trading. 2020 is the year of the Lambo! Have a Happy New Year!!!

  31. Avataaar/Circle Created with python_avatars Kevork Atashian says:

    which chatroom was that pump coming from?

  32. Avataaar/Circle Created with python_avatars Oliver Torres says:

    Thanks HT for showing the winners and the losers and explaining Ur entries&exits. Good learning information.

  33. Avataaar/Circle Created with python_avatars Maestro says:

    Happy Holidays And A Happy New Trading Year!

  34. Avataaar/Circle Created with python_avatars ZY says:

    The first thing to do is a like button.

  35. Avataaar/Circle Created with python_avatars Humbled Trader says:

    🎅How was your Christmas Holidays? I went snowboarding🏂… Let me know below !

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