All right welcome back everyone. I am lee training with sac street tim bowen and today we're going to be talking about. Should i buy penny stocks in 2022 and listen? The answer is unequivocally: yes, if you know what to look for, if you know what boxes to check and if you have a process and risk management. Okay, i got two examples today.

Okay from today, i don't like to go back and cherry pick from forever ago, and i'm going to show you the notes and the breakdown that we had in the steady trade team and go over this. So let's talk about governs number one. Okay. This was an incredible setup yesterday and today and actually a little bit last week.

So look at this stock we go back to last week was um may 20th. This was a uh monkey. Pox related play. Okay, so i'm gon na be checking a lot of these boxes, so pay attention and write this down.

Okay and why i thought - and i firmly believe this was the best trade today on day three - mind you okay, so let's fast forward back to friday again here we are on may 20th. This was a monkey pox play. All of the monkey box plays were running they've all fizzled out since then, but going back to last week i mean there was tons of fear out there. All kinds of media coverage - everybody's freaking out how bad is monkey pox gon na be so we got a story stock.

I mean it really reminded me of ebola. S-I-G-A was another stock. I mean all of these. It's funny how these runs happen on friday, it's where it's like not to get too tinfoil hatty.

But it's like interesting how, like i remember, ebola. The ebola stock run, happened on a friday, gapped up huge and after hours squeezed on monday. It's always like you're. It's like one of these things always seem to you know, especially like these epic short squeezes.

Why is it always friday? Well, a lot of them are manufactured. You know. I've talked about this in a lot of videos, a lot of the steady trade podcast episodes. I think so many of these moves are created by they, the infamous they that know that you know.

Listen. The media needs stories through the weekend. Okay, businesses are closed. You know the stock market's closed, so they love to latch on to these outbreak, whether it be ebola or whether it be monkey box, because it gives them something to turn out all weekend, don't yell at me: okay, listen! We! If you don't understand the business of the 24 hour news cycle, you need to understand how it works.

Okay, they back going back. You know basically, 30 40 years ago, when the 24-hour news channels, and now the websites with the clickbaity titles, okay, again understand how the sausage gets made. They need a story to push through the weekend. It's interesting how these stories always seem to propagate on friday afternoons.

All right so anyway, we got a monkey box play, we got scary stuff, then it gaps up and runs again on monday. Okay, meanwhile - and this is why i was so interested in govx today - this thing ran all day yesterday when yesterday was monday. All of the other monkey box plays all got destroyed. Oh siga, uh, tn xp.

They all gapped down and closed on the low of the day. Look at what govix did ran all day and basically closed at around the high of the day when everything else fell. What does that tell you? It tells you. The theme is over.

The story ran its course. The media moved back to ukraine or whatever you know and and forgot about monkey box, but we know they're short stuck because there was absolutely no reason for govix to continue and disconnect from all of the other hot sector monkey box plays so now coming into. Today. We know we're like hey something's brewing with this thing, so i'm going to jump over to my notes from this morning.

So this is what, if you're on stocks of trade advisory click, that link below i'm still live. Every morning 8 30 eastern um, if you've been following, i did pre-market prep for three years. I'm still doing it. Every morning, 8 30 eastern um click the link below to get access, but so this is from this morning about 9 05 a.m.

They they dropped. The press release at precisely 9 a.m. You can see it right there. You know.

I love that. You know i love when they know how to play the game. Look at that exactly 9 a.m, perfectly they weren't even a second late. That's impressive! For penny stocks! Remember, penny sacks screw everything up.

These guys were precisely 9 a.m, not not one second late, um and again receives notice of allowance of some cancer. China news it's like listen. We know every every bit of news out of china. Speaking of hashtag, fake news, everything out of china is fake, never believe in any china penny stocks, they're all scams if you ever invest or believe or become a bag holder in a chinese stock.

Please consult psychiatric help. Okay, anyway, this this press release probably isn't even real, it's probably just manufactured, but they drop it at 9am and you can see at that point. Govix was already hanging around and was basing at the web. So right here in pre-market, it's basing pr drops runs up, and then we get our confirmation at 9 20 a.m, which is the red to green.

Okay. That's that yellow line, that's our red to green green to red line previous days close the 4 p.m. Close. You know what's one of our favorite indicators: okay, don't over complicate your indicators; breakouts breakdowns, simple technical support and resistance; v-wap green to red red to green high day low a day, simple, simple, simple technical indicators, we're trading against idiots in penn, state penny, sucks; okay, the Reason we love this niche 99 of people in this niche are morons the simpler the setups, the better.

We can recognize that and if you trade with actual risk management, you're ahead of 99 of the morons out there so anyway, this thing goes green and you can see here was the plan. I broke it down another bs press release. This was yesterday's monkey pox, squeezer and again. This is from this morning at 902, am right.

After the press release drop great volume. You know shorts are trapped now, they'll see a pr they'll panic because remember if you're short this stock and it doesn't matter how sketchy the pr is, it's still a press release you're gon na panic at that green to a red to green okay. Yesterday's close of the red green line is 232. This is totally trash, but it's a low float chat, pump survivor.

This got a chat pump yesterday and today, and it survived all of that. So then we talked about that target at that 235 area, risking on a whole dollar, half dollar of two with a goal of high twos. Even three plus you can see this thing immediately, spiked to 298. After going, i mean immediately went to 299 actually 299 immediately after the spike, so it basically hit the goal.

But the great thing is: if you didn't sell into that, maybe it was too quick. You didn't have time to nail that exit. It pulls back to v-wap bases at v, whap and then gave you a beautiful exit. So if you didn't sell into that secondary spike at 338, again check out the steady trade team, because you need help.

Okay, i mean listen. If you get this, this might be the biggest takeaway from this video seven minutes in okay. If you get, if you miss a chance to take your goal to take your profit goal in a penny stock, you miss your chance. It happens.

Okay, but especially in these fast-moving stocks, maybe you're on the phone, maybe you're trading, part-time you're at work, and you miss that exit. If you get a second chance in a trash low float, chat, pump. Monkey pops chinese press release play you get a second chance to take your goal and you don't take it because you get greedy, my friend it ain't gon na end. Well, i mean seriously, i mean i'm, i'm kind of you know i'm kind of being overly dramatic here.

If you don't take that second chance, man and when you're i mean this, this isn't apple. Okay, this isn't tesla. This isn't amazon. This isn't google.

This isn't berkshire. Hathaway, okay, you get that second chance to exit at three 299.3, the goal we talked about in the steady trade team webinar and then you hold all day and you wonder why doesn't trading penny stocks work? That's why you got a second chance? Okay, it's like getting, you know, listen if you, if you survive one plane crash and then and then you get another plane crash. Okay, maybe quit flying or something okay. So anyway, incredible play shows you the power of these things when you check the boxes.

All of that laid out an hour in advance and then another one bttx, and what i'm demonstrating here is how reliable these patterns are and how often they come around so bttx. This was from another steady trade team webinar at 2pm. You can see the stock was at 177 and it kissed 180 right at that 2 p.m. Webinar! Now what i? I know it's hard to see what i'm scribbling here.

So let me walk you through it. Basically, this thing spiked at 4, 00 a.m. Right here, retested at 5, 00 a.m, retested at the 9 45 window, retested at 10, 30 and then broke for the fifth break. I wrote four times well, actually, four fails so the fifth time when this thing breaks technical resistance on high volume.

Look at that candle with v-wap holding action, that's a trade man and, and that is a classic classic, classic technical support and resistance break and then ultimately bttx, i believe, went as high as almost yeah. After that spike it went as high as 223. You know again. Might not sound like a lot, but that's 40 cents: okay and you're! Never gon na nail, the top okay, but a 40 cents of upside on a one dollar stock that ain't bad and look at that exponential move and much like govix.

If you got greedy and you didn't take the stop it yanks back to v, wap and guess what reclaims the high day again gave you a second chance, so many of these short squeeze stocks, do it that's what low floaters do? Okay, so understand just two examples: from today: they're all box, checkers they're all got news. They all follow the patterns. They all have unusual volume. Bttx didn't have a chat, pump um, but govix did so many boxes just checking on down the line.

So should you buy penny stocks in 2022? The answer is yes, and the best way to do it is getting in the steady trade team.