Almost every day I scan for stocks providing a watch list for my subscribers. These stocks come from a variety of places including filters, news feeds and chart scans.
Friday July 15th I did a morning watch list as usual and it said the following about BQI…
“BQI had decent news this morning after a sell off recently. Watch for a bounce play here. Depending on how many buyers come to the table, there is little resistance until $.32.”
BQI opened that morning at $.2055 and actually made it further than even I expected hitting $.3435 or 67%.
The guys in chat who bought right at the opened actually made as much as 58% on that trade.
So whether you’re on board just for my trade alerts by text / email or playing my daily watch list stocks there is clearly something for everyone.
Jay I made a cool 58% on the BQI watch list alert ~ Steven S.
The important thing to note is that Steven followed the trading range perfectly, buying at the open around $.20 last Friday and selling around $.32 resistance.
By using a news filter to find the trade idea and daily charts to identify the range this process can be repeated over and over for anyone willing to put the time in.
Or you can just check my daily watch list for others just like it. The key with finding solid premarket trades is to make sure the stock has not been run up into the news… if it has it usually will sell off on news very react positively.
I’ve never claimed to be the best trader but I’m positive I’m one of the best teachers of trading.