I’m going LIVE with the StocksToTrade team all day today to talk about the resurgence of small caps and how you can capitalize…
The market is hot right now and we don’t want you to miss out.
Just check out what’s been happening recently…
I showed you yesterday how biotechs are heating up.
But that’s not all…
Low-priced listed stocks in many sectors are soaring — at least five have doubled over the last week.
Here’s what’s hot right now…
Listed Nasdaq Stocks That Are Soaring
Let’s look at the five Nasdaq stocks that have doubled this week, why they’re up, and which ones could have more Friday squeeze potential…
First, we have Pyxis Oncology, Inc. (NASDAQ: PYXS). It’s in the healthcare sector and I talked about it here yesterday.
It looks like it gapped up on day one because of a report about the company.
But since then, the stock has just squeezed higher thanks to stubborn short sellers who are trying to guess the top.
It’s up 190% this week!
PYXS chart: 5-day, 5-minute candle — courtesy of StocksToTrade.com
Greenbrook TMS Inc. (NASDAQ: GBNH) is another healthcare stock that’s up 106% this week.
The stock initially bounced last week on news that it received $8.25 million and debt financing.
It’s trading lower volume than some of the others. But look at this chart…
GBNH chart: 5-day, 5-minute candle — courtesy of StocksToTrade.com
The stock is bouncing off its yearly lows, which is exactly the type of move I was pounding the table about at the beginning of this year…
After a nasty 2022, there are so many beaten-down charts that have the potential to bounce. And this is what I’ll go into detail about today during our all-day LIVE event.
Next, we have CBL International Limited (NASDAQ: BANL). It’s in the energy sector and it’s a recent IPO. It also has a low float of only 3.75 million shares.
Since hitting the market it’s had six green days in a row. This week alone it has gained 143%.
BANL chart: 5-day, 5-minute candle — courtesy of StocksToTrade.com
NaaS Technology Inc. (NASDAQ: NAAS) spiked last week after the company announced it would hold its annual general meeting in April.
Then on Monday, the company announced earnings. And on Wednesday it announced a joint venture to create a network of electric vehicle charging services.
The stock has been trading higher than average volume and has gained 112% since last Friday…
NAAS chart: one-year, daily candle — courtesy of StocksToTrade.com
Last, we have Biomea Fusion, Inc. (NASDAQ: BMEA), which gained 137% this week. It’s another stock in the healthcare sector and it has a lowish float of around 13 million shares.
It had its initial big gap up and run on Tuesday after the company announced earnings.
The next day it squeezed to over $36 per share. And despite offering news, and a follow-up announcement of an upsized offering — the stock is still holding up and trading above $30.
BMEA chart: one-year, daily candle — courtesy of StocksToTrade.com
This is what happens when news catalysts trigger a big move and short sellers get over-aggressive.
And because I’m so excited about these opportunities…
I’ll show you more of the stocks I’m watching and how you can capitalize on this market in a special all-day LIVE webinar today!
Register here now and I’ll see you there!
Have a great day everyone. See you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade