- Jason Bond Picks (Member)
- Posts
- ENSC, SXTC, WLDS
ENSC, SXTC, WLDS
Low floats ripping
Good morning,
Good LQMT article on Tom’s Guide. I’m long the stock.
Caught a nice news winner last night on SNOA at 4pm ET news. We’ll look to play moonshots at 4pm ET daily through 4:30pm ET.
Big win on JNVR yesterday playing the fibonacci retracement from last Wednesday’s lesson perfectly.
Hit JNVR for $10 points $34 - $44’s and it went onto touch $50.
This morning’s plan is an opening range breakout on WLDS from $2.30’s to $3’s if it works. If you’ve been in chat we’ve been talking and trading WLDS and SXTC so far this morning.
WLDS hit $3.29 early and given the float is under 2M I think it could test that $3 level again and maybe top at $3.50-$4 today.
Stop loss on WLDS is $2.20’s if momentum fades.
Another idea we’re trading in chat is SXTC and while it’s volatile the range is good to $2.20-$2.50 so the trade plan there is $2’s - $2.50’s with a stop at $1.80 or so.
ENSC is another news winner that’s gone up over 100% and now has a trade plan of $4 to $6 during the cash session. Former spiker and low float so we’ll look for that secondary move.
More ideas will hit the scanner during market hours so be sure to have the APP ready for alerts to your phone’s home screen when I find runners for us.
Eat. Sleep. & Trade!
Jason Bond
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