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With the way the market has been and an upcoming election, I believe now’s the best time to help as many traders out as possible.

That’s why I’ve decided to open up a discussion with you and take questions. All you have to is reply to this email with any questions related to trading, and I’ll try my best to get through them all.

Who knows, maybe you’ll see your question answered in my next Ask Me Anything (AMA) letter. 

I know there’s one question that everyone has on their mind right now — what momentum stocks do you think can take off?

That being said, let me show you what small-cap stocks I’ve uncovered, and why they can explode very soon.

 

Why I Have These Three Momentum Stocks On My Radar

 

Check out what came up on the Momentum Hunter scanner today…

Globus Maritime (GLBS), this was actually a reverse stock split. That means there will be a lower number of floating shares. In other words, there will be less supply out there. 

Since this stock actually dropped recently, I want to keep this one on my radar for a potential fish hook play.

 

 

Next up, there’s Marin Software (MRIN). This stock has just about 5M shares floating. That means it’s a super low float stock. Again, that means there’s not a whole lot of shares available to trade. 

Since this stock exploded and there’s a whole lot of demand for the stock today, I want to remain patient and wait for a pullback.

 

 

Right now, the next key level to watch is that $5.50 – $6 area. I would utilize the Fibonacci retracement (rest and retest pattern) to uncover potential entry levels.

Last up, I’ve got Astrotech Corp. (ASTC). Again, this is a low-float micro-cap company, and it’s only got around 5M shares outstanding. 

 

 

Since the stock pulled back significantly from its high at one point, I want to utilize the Fibonacci retracement tool here. The key levels to keep an eye on are $3.28, $3.82 and $4.36. With this setup, I would look for a potential retest of the highs around the $6 area.

I’ve been teaching traders how to utilize chart patterns to attack the market and uncover the hottest stocks before they move.

If you want to discover how understanding price action and chart patterns can make you a better trader, then make sure you grab a complimentary e-copy of my number 1 chart patterns trading guide.

 

Author:
Jason Bond

Jason taught himself to trade while working as a full-time gym teacher; his trading profits grew eventually allowed him to free himself of over $250,000 in student loans!

Now a multimillionaire and a highly skilled trader and trading coach, Over 30,000 people credit Jason with teaching them how to trade and find profitable trades. Jason specializes in both swing trades and in selling options using spread trades, which balance the risk of selling options. Jason is Co-Founder of RagingBull.com and the RagingBull.com Foundation which donates trading profits to charity. So far the foundation donated over $600,000 to charity.

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