Penny stocks always get me excited…for good reason, as you’ll see!
Early morning last Friday, I was up trading fast-movers in the pre-market. Honestly, everything seemed boring, but I sat patiently from 7 a.m to 8 a.m until…
VLON (what looks to be my best trade of the day) happened!
Why did I take this trade?
As I often say — “follow the money”
Here’s the short story….
The stock ticked all the boxes;
There was good news: the company announced “they’re exploring options to maximize shareholder value.”
The stock had a low float of about 3.2 Million…
And I spotted one of my favorite patterns — the fish-hook.
So I double-checked my scanner, analyzed the range, and jumped in at about $1.49…
…not before sending an alert in the Live trading room that I was set to take action.
18 minutes later, I sent another alert to let traders watching me know that I was about to exit at $2.06…
…even though the stock got to the $2.20s area.
Video lessons like this are just one of many resources traders inside JasonBondPicks Pro are getting — together with these pre-alerts as they watch me trade LIVE.
Here’s what was said earlier that day in the room:
Want to check out the video?
It’s in the “J-Hook Lessons” section in your RagingBull account.
