This content analyzes trading strategies for "first green day" penny stocks, specifically focusing on tickers SOLO and SKYS, and highlights how to identify and trade potential breakouts or avoid traps, particularly for short sellers.
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so thank you right so what's up guys do
me luck sir today we're gonna talk about
solo and sky's those two tickers that
happened for the last week and it's been
running for one or two days and it's
probably the hardest occurring event in
sorry in February let's do a quick recap
about those two tickers and today I'm
going to explain some of the little
details about the first Green Day and
how to really trade them and how to
really avoid the consolidation breakout
and later support and those are really
crucial to short sellers and you can
also really manipulate them into a
buying strategy or wrong strategies so
I'll make sure pay a little bit
attention so as you can see I'm s
and you can see there's a little bit
pushing a pretty mark you see when you
see there's no bomb in the free market
you can't really judge or to do or a
bond estimate through an entire day so
you can't really predict the entire day
volume but with this late day spikes
typically wouldn't stop pulls back and
start breaking now and for pro Tata
pretty much a high the pre-market high
becomes the support now when it brokes
out not like people like to shorting the spikes
spikes
especially when the stock do this curve
spikes it's really hard for the parabola
to come back down that's why I typically
don't short into those spikes away from
to do the consolidations now now those
are the typical first green day pattern
that happens the most and they pulls
back great breakout and consolidate for
the entire day and track a little bit
after 2:30 when they crack a little bit
too dirty you can never tell you very
gonna cap down or cap up in the second
day because it's about 30 to 50 so now
you can look at over a chart first
support that about 90 cents second
support around $1 ish now as a penny
stock ticker for most of the company
they would love to make their stock hood
$1 because he meets the last at
requirements I would say insiders are
trying to hold the stock over one now
those are the key crucial areas and can
send the chart there's two layers of
poor weather
one one an 80s ends one at one for the
static track one dollar will be a little
bit difficult so if you're shorting
overnight and holding well Monday
doesn't hope Monday market doesn't open
so you're holding to Tuesday you will be
a bearish word there's a support around
one when it cracks you don't know if
it's gonna get up or cap down if that
sticker gets more volume than the first
screen that it's say gets about 15
medium volume on the second day and
start breaking out this 150 area you
will be a position along and sure
definitely for me that's for s KY s not
so low this ticker was spiking based
around 15 million market cap so when a
stock is around 150 200 300 million
market cap it's really difficult for
them to come back down and four it's
really it's also really difficult for
them to drop really quickly as you can
see only into the front side morning
spikes the volatility is there but after
that the authority is not there anymore
the range is bouncing back and forth
really tight now if you're shorting out
the first green day let's say you're
shooting based on the previous
resistance because you trade about a lot
of volume on Thursday and look at the
fading amount of percentage you went
from let's say used to be shorter at the
top it's a 508 and you are holding to
440 that's about sixty cents and that's
not good enough percentage to really
shore up the first green day if you
track the average doing a percentage on
first screen first red day I tend to
avoid all those takers that above 150
million or 200 meter their base level
needs to be a lot lower so they're for
solo expect from 50 million and I'm
looking more around 20 million ish
that's like massively I'm a lower flow
so when this lower flow Noro cap we can
spike to that high to the 115 million
cap they drop typically really really
quick and for solo that's the difference
between all the
cap stocks the higher demand cap is the
Lord of volatility and the tidal range
duo crayon the current day not much
going on in February
hope you guys are great trading I think
I'm a ride around 300,000 in January and
February after end of a February awawa
post my calcium's hope you guys have a
really good February I started with tips
I can give to you for this week it
should be a little bit helpful for your
future trading that we ended up the
video thank you very much for tuning in
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