MicroCloud Hologram Inc. (NASDAQ: HOLO) had an incredible 500%+ gain yesterday — it was basically the only stock I talked about during my morning webinar.
There were a lot of stocks out there to choose from…
But we want to focus on the ones with the highest odds, and HOLO checked the boxes.
So I’m going to break down all the factors that came together to create this giant short squeeze.
Plus I’ll share the patterns that often repeat in these giant runners…
As I like to say, “It’s not rocket science, it’s the same $#!*, different day…”
This kind of action repeats, so learn it for yourself!
HOLO Stock Surge: A Detailed Analysis
I noticed HOLO near the beginning of my webinar. At 8:19 a.m., I said it looked like the chat pump du jour.
I found the news headline moving the stock (thanks to Breaking News Chat) and noted that it only has a 950,000 share float.
A minute later the Breaking News Chat confirmed my suspicion as the stock became a chat pump.
It checked all the boxes to look for all our patterns all day (I broke down three of them for you here).
And it basically played out all of them again — just like Intelligent Bio Solutions Inc. (NASDAQ: INBS) did last Friday.
First, we got the buy in pre, sell in pre opportunity.
HOLO chart: 1-day, 5-minute candle — courtesy of StocksToTrade.com
And as the stock consolidated before the open, I was begging for the stock not to make a move above $3.75.
I wanted a pullback at the open to lure in short sellers. The stock had cheap locates so I knew they were piling in…
And before the market opened all the share locates were gone.
That meant the stock was ripe for a squeeze.
Luckily it didn’t take off right out of the gate. I thought if it went straight up it would be a halt fest and too challenging to trade.
Instead, we got that beautiful dip and rip entry and a huge 162% move from my trade plan entry.
Sign up here to get my number one trade idea and plan sent to your inbox every morning.
From there, HOLO went on to have the afternoon high of day break to complete the pattern trifecta…
HOLO chart: 1-day, 5-minute candle — courtesy of StocksToTrade.com
This is why I say these stock moves and patterns repeat. If you look back at INBS on Friday, it played out the same three patterns.
Don’t sit on the sidelines any longer and miss out on opportunities…
Join StocksToTrade Advisory to get three market update videos with me three times per week. I’ll go over my number one watch plus send you exclusive watchlists and more!
Join now and I’ll see you on the inside.
Have a great day everyone. See you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade