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Welcome back to the weekly watch list feature everyone, as always, if you're on instagram hit the link in bio, if you're on youtube hit the link below if you're just out there on the internet out in the ether go to stockstortrade.com watchlist for five stocks, uh got A couple swings a lot of speculative ideas, charts notes, everything hit that link check it out in your inbox, 100 free all right. What is the number one? More monday morning, momentum play hymc a couple things yo. You can go back on the channel. I just i did, i don't know i think about a week ago we talked about that day, three surge pattern.

I did a very detailed video on the youtube, so check definitely check that out a lot of resources there, but hymc such a great example. This did um gap up and go on tuesday, but uh was a failed dip and rip flat out um. It retested the highs and immediately slammed back. They don't all work.

I mean we focus on high probability setups, but as always, you got to have a plan. You got to stick to it, but what was nice is after that big spike. You know: here's that kind of pre-market low at 75 cents. You can see pulls back hard, but really based there at 75, sec 75 cents ground up a little bit into the close, and then we went into that day.

Three surge pattern that that day, two basically nothingness. Now what that does is you know that that makes the shorts kind of feel safe, maybe they're, adding into that fading action? Okay and they never get that exit so that that's what's different. What we want to see is - and i know it might be sound sound confusing, but like that kind of nothing, nothing on day, two doesn't spike hard, doesn't slam down so it doesn't give anybody an exit. Okay, longs are adding shorts are adding gives nobody an exit.

Then, what we look for is that break of the highs from day, one on day three that creates the short seller panic you can see when this broke, that 115 125 level rocketed into the close at 170 after hours. All the way up to two got a little shaky in pre-market today, but ripped all the way back to 265, so that pattern, this setup watch for that um good. I've got another example on the weekend watch list it's a day, three setup for monday. So that being said, what's the plan on hymc closed at a buck 80, which was basically the close from yesterday? Okay, um, you know, i know it closed at 1 53, but i immediately after the close.

You know the 4 p.m close, but then it ran right up. I mean a minute after the close you know into that 180 range, so that's kind of the level i'm looking at, which is where it closed today. So look for that weak, open red to green kind of standard approach to these heavily shorted stocks. I mean it's kind of it's not every feature, but i like just these are the ones we like to look for for the for the shorts that didn't get squeezed out.

You know on that spike up the 265. We look for that. You know to smoke the rest of them and i mean look at this today. You know 338 million shares so 90 of the time when we got a low float stock and and a lot of you you, you know what i'm about to say when it comes to, what's going to be the number one morning watch other than a day, wonder Obviously i can't break day oneers.
I don't know what stocks are going to have news on monday morning and gap up i mean if you had a crystal ball. It'd be nice, but when we talk about that morning, setup, that's a holdover any time we got that low float, stock, kind of a hot sector they're in metals and mining that closes at the week high, which this did i mean other than intraday. It ran up to 265, but it's closing at the highest point of the week and big thing: 338 million shares traded on a micro float stock, always going to be a weak, open, ready, green. They don't all work, but it's always going to be a weak, open, ready, green setup.

All right, everyone would love to see you on pre-market. Prep. Remember! I'm still live on youtube. 8.

30. Eastern um. If you go obviously well, you might not be on youtube. If you're on youtube, i've started scheduling those pre-market prep, so you can even hit a reminder.

If you go to the main page of stocks to trade youtube, you can hit that reminder, and it you know it sends you an email or, and it pops up a bing in your app to remind you when i go live. So all right have an amazing weekend, everyone and hope to see you on pre-market prep. I hope you guys enjoyed that video thanks so much for watching and being part of the stocks trade community - we wouldn't be here without you guys make sure you hit that like button and subscribe to the channel. If you have not already, our goal is to hit a hundred thousand subscribers by the end of the year, but we can't do it without you guys.

So if you like what we're doing here - and you want to hear more - please please please hit that subscribe button and i'll see you guys on the next video.

By Stock Chat

where the coffee is hot and so is the chat

One thought on “Stockstotrade weekly watchlist preview 3/13/22”
  1. Avataaar/Circle Created with python_avatars John Perkins Trumpet says:

    HYMC!!! Yessir

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