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WEST PALM BEACH, FL – FEBRUARY 14: Karen Brown (L) and Douglas Brown hold hands as they are wed during a group Valentine’s day wedding at the National Croquet Center on February 14, 2013 in West Palm Beach, Florida.
The group wedding ceremony is put on by the Palm Beach Country Clerk & Comptroller’s office and approximately 40 couples tied the knot.
Unfortunately, there’s no 100% guaranteed rule that’ll tell you what every stock will do, in every situation (and if you find something like that, give me a call! But there are a number of signals you can use to predict when a spike will happen. And use them to make yourself a better penny stock trader. Sit around staring at empty charts, waiting for breakouts to appear out of thin air?
I’ve developed these years over 15 years of trading penny stocks. One of the quickest ways to identify a spike in the making is to start by finding a stock that’s already moving. Or would you rather use the many research tools out there to find stocks that are already moving?
Here’s a stock I bought on Friday aiming to sell into a spike tomorrow: Notice the stock has been up trending for several days BEFORE I bought.
I’ll give you a hint – one of these strategies takes a whole lot less time than the other…I’m always looking for stocks that are breaking out to new highs – especially those that are still up on the day and holding the morning high. If you see a play like this on a Friday afternoon and the stock’s still holding its morning high, there’s always the potential for a short squeeze into the close there.
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