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Saturday, December 21, 2024

HomeStock Market2 hot penny stocks under $2

2 hot penny stocks under $2

Firstly, there’s only 50 16 seats left in the $2,000 Small Account Journey sale. You’ll save 75% when you apply coupon code: SAVE75 and then learn an excellent edge in the market. We just started a new $2,000 balance this week. Trade #1 on NVDA +52% overnight. Trade #2 on NFLX +40% overnight. This is the strategy that helped me take $2,000 as high as $48,000 in about 6-months. Now while that’s not typical, it does illustrate the quality of this strategy. Click here to join and get my options trading blueprint for small accounts while it’s still on sale.

Secondly, I’m trading NXL at $1.57 and ONMD at $1.21 today in JasonBondPicks. These alerts go to subscribers phones as I make them. It’s very active momentum trading and a lot of fun. I think NXL will run to $2.50 at some point and I think ONMD will run to $2. Within that range I target 5-20% as quick as I can get it and then I repeat the process. You can see all the trades I’m making right on the sales page here. The journal updates daily. This is pure penny stocks which are absolutely my favorite. So here’s what I see on NXL and ONMD.

NXL had a lot of momentum until it broke a few weeks ago on small dilution. I’m certain that attracted short sellers who are likely to cover (buy) if it crosses $1.60 on volume. My thought is $1.50-$2 or even $2.50 is where it’ll rally to. Often companies that dilute follow with positive news and that could really spike this.

ONMD is the other stock I’m trading in JasonBondPicks right now. My thought here is if the stock crosses $1.30 then there’s a lot of range to $1.70-$2. I like trading stocks that were very big spikers recently, which you can see this one was about a month ago. Then when it showed some signs Tuesday, I bite on that action to see if there’s big follow through. Both of these stocks are what I’d call “oversold” and that means there’s short interest in there too. If that short interest starts to cover, it puts a floor on the stock, often leading to a squeeze or short lived burst higher.

If you like trading penny stocks like this, you might consider a JasonBondPicks subscription. I’ll send the actual trade alerts right to your phone, like an SMS text. Again, you can see the exact trades I’m making right here. Look them over, if it interests you, subscribe and let’s get trading.

WARNING: This isn’t one of those “get rich quick” things that promises you a fortune for doing nothing. I do not believe in “get rich quick” things – only in hard work, adding value and serving others. I can not and do not make any guarantees about your ability to get results or earn any money with my ideas. After all, it takes hard work to succeed at anything in life. Your results are up to you and the amount of effort and resources that you are willing to put into succeeding. I want to help by giving great training, direction and education that move you forward.


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