Charlie goes over the Top 9 Penny Stocks to buy and watch in February 2019. He also provides evidence as well as his opinion so that the viewer can come to their own conclusion.
🚀3 Penny Stock Trading Strategies https://youtu.be/8J_mscS7MnY
📈Day Trading 101 https://youtu.be/YcIBa_XQapo
📈Swing Trading 101 https://youtu.be/cMmW12Smmt4
⚖RSI Indicator: Crash Course https://youtu.be/C6z4Ntf4Yos
😏Converse With Charlie & Other ZipTraders https://www.facebook.com/groups/ziptrader
First Stock Discussed: SCYX (SCYNEXIS)
📌New to the stock market and #trading? We break everything down in a short sweet and simplified way. If you have any questions, go ahead and comment below and we'll answer them!
📌ZipTrader also places an emphasis on day-trading #PennyStocks, Marijuana Stocks, Biotech Stocks, and Pharmaceutical Stocks. Let us know if you have a specific stock that you would like us to analyze!
DISCLAIMER: All of ZipTrader, our trades, strategies, and news coverage are based on our opinions alone and are only for entertainment purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment. Thus, trades should not be based on the opinions of others but by your own research and due diligence.
🚀3 Penny Stock Trading Strategies https://youtu.be/8J_mscS7MnY
📈Day Trading 101 https://youtu.be/YcIBa_XQapo
📈Swing Trading 101 https://youtu.be/cMmW12Smmt4
⚖RSI Indicator: Crash Course https://youtu.be/C6z4Ntf4Yos
😏Converse With Charlie & Other ZipTraders https://www.facebook.com/groups/ziptrader
First Stock Discussed: SCYX (SCYNEXIS)
📌New to the stock market and #trading? We break everything down in a short sweet and simplified way. If you have any questions, go ahead and comment below and we'll answer them!
📌ZipTrader also places an emphasis on day-trading #PennyStocks, Marijuana Stocks, Biotech Stocks, and Pharmaceutical Stocks. Let us know if you have a specific stock that you would like us to analyze!
DISCLAIMER: All of ZipTrader, our trades, strategies, and news coverage are based on our opinions alone and are only for entertainment purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment. Thus, trades should not be based on the opinions of others but by your own research and due diligence.
Today we're going to be talking about nine penny stocks that will be spiking in February 2019. This is one of my favorite types of videos because it's one of the rare times that I could say undeniably that there will be massive movements in price action. Now this is not because I'm no straight honest, but rather because of the fact that these companies literally tell you the exact dates and sometimes exact time spans. Price action, changing events will occur.
Examples would be FDA approvals or positive trial results as well as product launches. Now as always, because you know that a lot of work goes into researching these stocks, it's all I ask for in return from you is that you hit that like button and also subscribe if you see value in these pics as well as the different strategies that we talked about in this video. Anyways, the first stock we're going to be talking about is SC Y X So they will be released in their phase 3 data in February 2019. If you're wondering if trial results are going to be negative or positive, look no further than the recent acquisition of 25,000 new shares by their CEO just yesterday a week or two before trial data release.
Now one of the best ways to figure out what is happening inside a company is by looking at the share purchases and sales by key people within said company. While these people can make movements to throw you off their set, oftentimes with these small companies, you can see hints of what's going on in plain sight. Now this is all fine and dandy, but ash traders and smart investors. We also want to confirm our hypothesis using price action.
The CEO buying a bunch of shares before a big release is a sign in the right direction, but it's not exactly a Huen quite yet. So SC YX has this consistent sell-off. But then look at what we have here: a solid upward reversal right at the end of 2018 and then towards the beginning of 2019, we see this consistent gap up above the SMA line and positive momentum on the MACD. Now, this price action signals that people are buying up these shares and most likely anticipating some sort of positive phase 3 data.
They also have ambitious plans and a focus on development of their antifungal agent, which could be a very profitable and revenue generating product for them. Now they have a target price of 529 for most brokers and analysts, but don't care what the analysts say, but you might. so I'll include the picture anyways. I Actually think that 529 is pushing it because that's literally right under three-year resistance, so we'd have to see some groundbreaking changes in order to break that.
But that being said, it's a good idea to acknowledge the massive amount of upward potential versus the relatively low amount of downward potential. Okay, stock number two. The next thought we're going to be talking about is T Con T Con is actually going to be a very interesting play this month because it has two sets of data being released for two completely different products. On February 16th of 2017, they announced their phase 3 dosage, but the interim analysis is due quarter 1 of this year, but oftentimes this comes out mid quarter, so it's highly likely that we see this sometime, most likely slightly after their announcement at the conference where they present their phase 1 data of their other project. So the combination of these two different projects lead the investor to a lot of different opportunities that they can take in order to take a profitable position. This month At Fundamentals out of the way, let's focus on the price action. T Cod has had a slow but consistent run-up since the New Year, which is a good sign for me. That being said, we see the MACD showing positive momentum but also warning signs of an impending reversal with the blue MACD line crossing under the yellow signal line.
That being said, if we see strong phase data this month and they continued right up I'd be more tempted to take a position. The next stock that we're going to be talking about is SMA. Now they said they would be releasing phase 3 data in late January early February but we are closing in. We are closing in near at the end of January so it's looking more and more likely that we are going to be seeing this in February.
But anyways, this phase 3 data can really make or break the stock. If you look at the price action. it has what I call the spike ability factor. Now what this means is that the stock is susceptible to quick spikes of about 50% or more.
We could see this clearly as it went from 205 to 3/8 which is just shy of doubling. but most importantly, it's shot down right after that. So the reason that this is a good thing to identify is because that means that if we see a catalyst in either direction such as the affirmation, positive or negative trial data, then we are going to be more likely to see a massive reaction of share value and then a subsequent correction to the overreaction. This offers several opportunities to buy in, but what I'd be careful to note is that it's key to buy in when you get a discounted or at least a fair value Entry point on the RSI before is Cbio.
Cbio will be releasing their phase 2 data February 6 through 8. But what I really like about the stock comes comes down to the price action. Now obviously we see this massive downward trend which I don't love, but if you blow up the chart into 20-day chunks, you can see the price action is prone to having these like 80% or more run ups within a small period and then a subsequent sell-off. This creates a lot of opportunity to repeat by when the RSI is indicating it is oversold and sell out when the RSI is indicating that it is overbought.
Moreover, most of these spikes aren't caused. They aren't caused by any substantial news, but rather speculation. These are these spikes are caused by speculation. So if we see good news come out, that's not speculation such as good news. At the conference on February 6th through 8th, we can see a massive massive run-up that will likely trump the run us that we have seen thus far. Also, the share price has stayed pretty close to its low at 62. It has a lot more upward potential than downward potential, and thus you could make the case for taking a speculative position even before the news comes out. But I'm not going to make that case just because I like to have solid amounts of price action with catalysts.
In terms of these penny stocks, MT FB is another stock that we'll be watching. This is stock number 5. Now, I should mention that technically, according to the IRS, penny stocks are measured as any stock valued under $5 and so most of the stocks on this list are either under $5 or have a recent history of dipping to under that $5 threshold in order to qualify for this list. So if you're wondering how I'm using or if I'm slothful using the definition of penny stocks to make this list, this is actually the quota that I'm going by.
The IRS is official definition and as well as the threshold. So anyways, Mt FB is working on this acute bacterial, skin and skin structure infection solution. Their due date for the PDUFA is February 13th. Now, this isn't a trial release date.
Putas means that the drug already got the next stage and we'll be going through an expedited process for approval through the FDA. Now this is important because oftentimes we'll see the steady run up in anticipate of this process being completed and this could make for a great play. Also, the MACD is indicated some pretty quality momentum. So I'm looking forward to the stock's price action in February.
Okay, so the next stock is a R-tx Now this is a defense and security products company that has some beautiful and I'll say beautiful price action. Most notably this beautiful run-up almost all of 2018 and then a sell-off and then BOOM another consistent run-up. So for this year, what I really like about this is that now we are nearing the previous high at 335, so if we see it break above that resistance level, we could see an extremely profitable play a game. Deeper into the price action, we also see this more consistent break above the SMA line, which if continued, could be another sign of an uptrend at that.
QT MACD Holding above positive momentum and not showing signs of the downtrend and you have yourself a solid play. Also, I should note that this stock is also being upgraded by several analysts, but most analysts are monkeys, so who cares about their opinion? Now the next one is actually a value play which isn't something. I Generally recommend with penny stocks, but I actually see some longer-term potential with this one, but due to the fact that my argument is based more on fundamentals of the company then on technical analysis, I should warn you that this is slightly more speculative than the other positions. That being said, it is based on an increasing revenue and positive uptrend sign, so it's a worthy position to think about if you're thinking of a longer-term swing position. This talk enjoyed a bit of a run-up with some strong news in August but this largely sold off and it looks like we are in the beginning of a reversal. Now here we have a company that has year over a year, consistently grew their revenue and often profit, but yet continues to have a pretty low trading price and continues to sell off. Now, the claim that I'm making with this is that this price is definitely below fair value and while it looks as though we'll continue to see some selling off, I Think this will be a good position to take if we see some signs of an uptrend in February. Also, if you want to know more about how to tell if stocks are undervalued, I have an RSI video which is one of my favorite indicators that indicate whether you're getting a good deal on a stock or not and I'll put a link to that in the description below.
Ok, next stock is madmen. Know penny stock would be complete without at least one marijuana play. Now this stock mmm and FF has had a massive sell-off from 757 down to current price at about $3 Now this is obviously a horrible sell-off but but this is not based in fundamentals. as we see their revenue has increased 40% 40% quarter-over-quarter and more importantly, the company has licenses for over 70 retail stores.
That being said, we want to wait until we see a consistent rise above the SMA line and some positive momentum on the MACD. This could be a great play in February Just make sure you get in when the prices below fair value on the RSI so that you can maximize your upward potential and minimize your downward potential. It's all about leveraging the odds of success. Also, I should add that there is actually a massive amount of upward potential.
Okay, the next thought that we're going to be talking about is E O LS. Now E O LS is right up the line where it wouldn't be considered a penny stock. but at its Love's it is right over at that line. So I hope that it's fine that I included it in this list because I Guess by definition it's not really a penny stock I Think that it's super worth watching AOL S Will be releasing additional third quarter highlights on February Second, and it has rapidly decreasing short interest, which shows increased bullish sentiment for the stock.
The biggest thing that I'll be washing with the stock is for a strong lease on February 2nd because there's a massive amount of upward potential all the way up to 39 50 Anyways, I Hope that this video was helpful as always. I Recommend doing your own research and you know looking into each of the different stocks, there's other stocks that will make great plays in February but these are the ones that I will be watching most closely. Furthermore, I invite you to become a part of our zip trader circle Facebook community. It's really a great place to learning how to trade, learning about penny stocks, learning about all different new trading natural gas. If you're trading whatever, it's a great place to interact with other zip traders as well as with me. And I also post nightly watch lists. So instead of these monthly watch lists I post every single night. I'll post the list of the stocks that I'm watching as well as why I'm watching them and what I think might happen or what might not happen.
Anyways, have a good day folks and I'll see you in the next video.
Terrible choices ———-> it is now may 2020.
I believe the guy with time machine.
Feedback in May:
SCYX went up
TCON went up
SNNA went down
CBIO went up
MTFB went down
ARTX went down
MCIG went down
MMNFF kinda mixed
EOLS went up
4 winner- 4 loser
I'm just looking at your prediction and if someone would have put money on every share as soon as you made that video, he would have lost a lot of money.
For anyone interested, most of the stocks didn't move much (apart from some occasional day trading opportunities). The one that baffles me is MTFB. It was actually approved by the FDA on Feb 13th then the next day it fell off from $10 to $2 and still hasn't recovered. I suppose the lesson to learn here is always wait for confirmation.
Hello Charlie, I appreciate these types of videos, made some money on a couple. Are you going to make one for March?
MTFB is now on 1,81$… Will it come up again?
Great info. Thank you for sharing 🙂
What stock do u think will build the most?
Relevium?
What program are you using for graphs?
Nice
Spot On! Extremely precise.
Are the dollars in Canadian dollars
What's your take on SND?
RWLK, CEI, RGSE are 3 that should get a close look
Dude, I cannot confirm just yet. But I may just worship you…
WATCH CLOSE AND LISTEN.. very informational!!!!!!!
How do you buy penny stocks
oN the money with eols… Thanks bro your the man