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Good morning,
My short position on DWAC is starting to work as expected. I believe it’ll land in the $30’s today and $20’s soon, which is the Keltner Channel mean.
This morning’s Daily Shot is NXU. I alerted my starter position at $1.72 and will add above $1.60. The Daily Shot goal is 5-20% this morning.
A swing trade idea I’m watching is PRPL. The stock refinanced its debt recently and this morning Keybanc maintained overweight to $5. This is a good January Effect trade idea.
The algo trade alert on SPRC this morning in chat was flawless. Make sure you’re in the chat room before work for my live streaming charts and alerts.
I live stream on camera from 7-10 AM ET Monday – Friday for the Daily Shot as a part of the Jason Bond Picks service. It’s 1-2 hot penny stock alerts.
My long-term position on LQMT is trading at $.06. I think it’ll be above $.10 soon because the CEO recently bought about 1M shares and the new Evie Ring, made of Liquidmetal, has FDA approval potential. Then there’s the pinion gear catalyst I continue to monitor.
The IWM which is the penny stock index is doing well. Monday is crossed the 10-day EMA and it’s been straight up since. I believe it’ll be above $200 soon and trend in 2024 as interest rates start to lower.
This is very good action for penny stocks.
Jason Bond
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