Many traders and investors might not be happy right now.

I mean, the markets have been crashing and unforgiving, to say the least.

However, that has not stopped me from finding high-quality long setups!

Because regardless of whether the market is going up, down, or sideways,

My goal is to always perform as a trader.

On top of that, one of my main objectives as a guru is to alert my members to my highest quality setups and ideas that might present a significant opportunity, EVEN IF the overall market is crashing.

How do I do that?

I scan for penny stocks that are not correlated to the overall market and are trading independently.

So out there, it might feel like the world is ending, but in The Trading Floor, it’s been business as usual.

Let me show you what I mean:

On Monday, I alerted my members to CYN after the stock had news and closed the previous week up 133.91%. Compliance

As part of that alert, I explained why I liked CYN,  what I was looking for to get long, and where I thought the stock could go.

At the time of my alert, CYN was trading at $2.69.

Here’s a screenshot from the alert:

Two days later and BOOM, the stock traded to $4.39, or up 63% from the time of my alert. Even though I wasn’t able to get into this trade based because I couldn’t get my entrance price, I’m still excited that I was on the right track for a stock with a huge upwards move.

The Bottom Line

Look, trading can be hugely challenging, especially if someone doesn’t have the experience to navigate a changing and volatile market and environment.

I’ve been there… I’ve paid my dues and made the mistakes, and now, with my knowledge and experience, I can find stocks that are bucking the market’s overall trend and provide opportunities on the long side.

That’s what I’m all about, and that’s what I do daily with my members in The Trading Floor.

I have something exciting to share with you today!

So, I recently discussed a trade that I took and explained why I love trading penny stocks.

But today, I’m going to do something different.

Today, I’m going to give you an inside look.

I’m going to share my specific game plan and thoughts with you, on a stock that has caught my eye.

I have been stalking this stock for some time, and now I think it might be gearing up for a breakout.

Typically, I only share my watch lists, thoughts, and game plans with my members…but today is your lucky day!

China SXT Pharmaceuticals, Inc. (SXTC) 

SXTC was moving yesterday as the stock closed green on the day and right at the 50d moving average.

What I like about SXTC is how the stock has held that $0.17 area for a few months now, and bucked the trend of the overall market.

The long sideways action in the stock has also led to the 50d and 20d moving averages contracting, flattening, and trading within $0.02 of one another.

I think that this contraction might be leading to an expansion.

Here’s my specific game plan:

I’m stalking the 20d MA around $0.22 for a possible entry.

If the stock can push above that area and hold, I’ll be targeting a move towards $0.25 – $0.30 to take profits.

While my Trading Floor members will receive live updates and game plans and get to watch me trade live every day, I have not forgotten about you!

I hope that you enjoyed this inside look at my game plan for a stock that’s high on my watch list.

Ever since I started trading, many years ago, I’ve always focused on penny stocks.

In fact, Penny stocks are, without a doubt, my bread and butter, and for several good reasons.

I’m on the mic, trading live in front of The Trading Floor members every day, and constantly post my thoughts, and game plans in The Trading Floor Chatroom.

You see, I love trading penny stocks, but I also love to teach and help people.

If I have to choose between trading a large-cap that’s moving or a penny stock, I’ll choose the penny stock every day of the week!

That’s because it takes less capital to trade penny stocks, and penny stocks might experience far more significant volatility.

As my members know, I’m not on the lookout for home runs, or for penny stocks to go to the moon.

Instead, I’m on the lookout for stocks that are experiencing volatility and offer a setup and opportunity to make 5 – 20% gains.

Let me show you what I’m talking about:

Last month KGKG broke out of a triangle consolidation on the daily chart.

Two weeks later and the stock had run from $0.006 to $0.0335 or 458% higher.

So, I had a penny stock mover on my hands, however now I needed a setup.

That setup came on the 4th of April.

Volume in KGKG increased significantly on the 4th of April as the company reported strong revenues and commented on the Walmart Rollout.

The breaking news, together with the upward momentum on the daily chart and strong intraday action was enough for me to pull the trigger and look for a move higher towards the previous resistance of $0.011.

As shown in the above chart, I sold my long position the day after entering, at $0.0124 for a 15.89% gain.

You see, I don’t need to, nor do I try to catch the full move in a stock.

Rather, I look to identify and alert my members to a clean trending penny stock that might offer a good setup and risk: reward opportunity.

Because like I said, as much as I love trading penny stocks, I love sharing my knowledge about them and helping my members.