Imagine getting an alert on your phone about a stock that has the potential to explode…
But this isn’t an alert from some random chat room or your pal who wants to pump up his bag…
It’s a stock that was selected from an algorithm programmed to pick stocks with the most potential to explode.
You’d take that stock alert a little more seriously, right?
Well, that’s exactly what happened to subscribers yesterday…
They got a FREE alert delivered right to their phones about MicroAlgo Inc. (NASDAQ: MLGO) when it was trading around $2.60. I’ll tell you how you can get the next one shortly…
Because that alert went out before MLGO hit a high of $3.75 — a gain of 44%!
There was also another way to find out about MLGO even earlier in premarket … And there were multiple ways to make potential profits.
I’ll show you the two trade opportunities so you can learn to spot the next one for yourself.
I’ve been seeing this in a lot of runners recently, so pay attention.
You may have to learn and try something new…
Two Ways to Trade MLGO
I touched on something I noticed working lately in yesterday’s Daily Accelerator…
It worked in Baudax Bio, Inc. (NASDAQ: BXRX) on Tuesday and First Wave BioPharma, Inc. (NASDAQ: FWBI) on Wednesday.
That’s premarket trade opportunities.
BXRX offered good entries at breaks of the previous premarket highs…
BXRX chart: 1-day, 1-minute candle — courtesy of StocksToTrade.com
FWBI offered a good entry when it broke above the double top in premarket at around $6.25.
FWBI chart: 1-day, 2-minute candle — courtesy of StocksToTrade.com
And yesterday, MLGO offered a good entry above VWAP or the break above consolidation around $2.60.
MLGO chart: 1-day, 2-minute candle — courtesy of StocksToTrade.com
The Breaking News Chat team alerted MLGO when it was trading at just $2.30 — right before it broke above VWAP.
But there are a few rules I have for trading in premarket…
First, I only recommend premarket trading for experienced traders and those who are on a hot streak. Premarket can be dangerous with less liquidity. Use my tips for trading premarket movers here.
Next, if you buy in pre, sell in pre. Notice all three of these stocks pulled back at the open. This rule helps you lock in profits and look for another entry after the open.
That brings me to the next trade opportunity in MLGO…
The 9:45 a.m. Or Later Dip and Rip
The Breaking News Chat team also alerted that MLGO was a chat pump. So once the market opened, it became a 9:45 a.m. or later trade.
And the premarket high lined up closely to the $3 whole dollar level.
That would’ve been the good dip and rip entry.
MLGO chart: 1-day, 2-minute candle — courtesy of StocksToTrade.com
As for how you could’ve got alerted to MLGO before it gained 44%+…
The StocksToTrade team sends out one of Oracle’s top daily stock picks to the SMS subscribers every morning.
Sign up here to get our daily FREE trade alerts sent right to your phone.
Have a great day everyone! See you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade