Today we are going to be talking about the top three stocks for October 2019. Now you may have noticed that we're seeing a lot of new opportunities. This market, well it's been quite beautiful, but simply it is really a beautiful thing. And here at Zip Trader we love love love beautiful things.

But no matter how beautiful, you're always going to need to have a plan when trading these stocks. These videos we present trading opportunities and I look at trading opportunities the same way that I look at roads can have the best car. You can have the best Road And you can have the best driver. Doesn't matter how good of a driver you are, it doesn't matter how great the road is, it doesn't matter how great the car is.

You're driving blindly, you're going to have a bad time. And of course, when you're driving, you're also going to need to know where you're going. And that means having a concrete entry and a concrete exit point. But anyways, folks, the only thing that I ask the only thing that I ask in return for this video is that you hit that ravishing like button.

For the cost of just one one ravishing like button, this lovely stock trading youtuber will feel completely fulfilled. Okay, so with that being said, you're officially releasing Zip Trader U which is a program A ravishing program that we've been working on for the last six months. The goal of this course is to walk you through step by step with five hours of trading tutorials starting from A and ending at Z quizzes to assess that you're retaining the information. Props to encourage you to take action and actually practice strategies.

It will also give you the opportunity to work closer with me and ask me any questions along your trading journey. This is not a course that is going to hold your hand we never hold your hand, but we're going to walk you through everything that you need to know. and I'm going to be with you every step of the way through our private tutoring chat. Anyways, folks, if this is something that you see value and I'd love to work with you, I'll put the link in the description below.

and because this is the first time I've ever launched something I want to make sure that I'm able to do a good job for you? So in order for me to do this, I'm going to be limiting the amount of folks who can join the program to 400 people. That way we don't have a time limitation on working with you and are able to help you grow your account before we move on to more people. If you do, consider enrolling too and make sure to use coupon code First 400 in order to get an extra discount. So let's go ahead and start with GI Al Now GI L Got beat down like a winter gnome in the summertime on poor profit guidance for the future.

Now folks here at Zip Trader we love love love talk losers. At the end of the day, we want price action to trade off of in every reaction. And the stock market is an overreaction. So when something like gee IL gets beat down 25% we know that we are going to see at least a partial correction from that.

Overreaction overreactions are great folks. Now in this case, we saw the beat down when news got released after hours and it reached overreaction lows at 20 to 60. This allowed overreaction traders to profit off the sub secret run up in the first hour of market open with a clear confirmation and ability to write the price strength over the SMA line. Remember when it comes to buying in Ik conformation, all you have to do is write the price strength over the SMA line and measure the distance between that price action to gauge the actual strength leading you to sell out when we break into a negative strength by getting a validation below confirmation and validation.

Pretty cookie cutter zip trader strategies, but we ran up, had a great period, and then boom broke into an upward direction and this was the original correction from the beat down. but moving forward we now have upward potential to 3559 any price action that is showing signs of recovery. Now the analysts our favorite monkey friends are giving G Ilr ranking at 40 150 which is over 50% of upside. And while we don't trust the analysts, we know that chief investors like to pile into discounted stocks with high analyst rankings.

And yes, you could argue that the price targets don't yet accurately take into account all analysts as the news has just come out and the stock just got beat down. but you'd have a hard time justifying a 25 percent, a 25 percent price decrease I'd say most targets are going to settle around $30 to $35 around the next few weeks and you're going to see that come out a little bit more in the media and this will give us some beautiful price action to trade off of. Okay, next, Foam X Now Foam X had an FDA approval which by the way I alerted in our zip trader you Private jet but we also introduced this a couple weeks ago on our Top Penny Stocks video. but they had an FDA approval released after hours on Friday caused a run up from 316 to 37 and then a correction cents Every reaction and the stock market is an overreaction now.

I'm actually quite conflicted about this opportunity when I originally presented this in the Top Penny Stocks video I pointed out that there just aren't that many previous patterns of running up massively on any given news announcement and this is backed up by the fact that they run up after hours. Well, it wasn't that substantial given the velocity of this announcement. It went from 3 to 2 3 7 which is, albeit a huge run-up, but not for a small cap. FDA Approval of this nature.

Usually we see some insane run ups 100 200 % when it comes to a stock that's so small, comes to a stock that is so small but is so dependent on one drug. So I'd say that while those who were able to buy in at this pre-announcement run-up did well for themselves, we're going to need to see more price confirmations in order to be convinced to take the position. Remember, we trade like spoiled brats. You never get into a position unless the price action is so good that it forces you to take the positions.

That means we don't get into a stock unless the price action is literally forcing us to get in because the opportunity is too good to pass up. It's also good to note that while it's possible that this again has a massive move, a lot of the time, what happens is it runs in non-market hours, and thus watching and setting alerts for the pre market or after hours is going to be helpful as well. Some of the biggest FDA plays we've seen in the last couple weeks have run up in the pre market or after hours, which leaves a lot of the beginner traders sort of not really sure how to trade that. so make sure that you're setting alerts, make sure that you understand that we have opportunities, but a lot of.

time. They're going to be pre market and after hours and one thing to look for is volume. If you have a huge increase in volume, you have an upward sentiment stock and a increase of volume happens. Where do you think the stock price is going to go? Okay, next we're going to go to shop.

So I said at the beginning of the video that I love beautiful things and chop well. It's a beautiful thing. It has our comeback pattern of going from oversold to overbought again and again. But why do we like this? Well, because it's an elevating factor when we could just simply buy in at oversold and sell out at overbought.

and based on previous patterns every single time, we would have made a profit. Now if that sounds too easy, where you can just buy in an oversold and sell out an overbought, well, that's because it is too easy. We cannot just buy stocks that are oversold because if we do that eventually the pattern is going to be broken and will be left begging outside 7-eleven So folks, please always wait for signs of a recovery. We need to see a confirmation and I'm looking for a confirmation of price strength, but still a good deal.

We love good deals here folks. Ok, next we're going to be talking about be NGO Now this is more of an analysis than an actual pic, but there might still be opportunity. so it is worth talking about. So on the 16th PNG o ran up massively before being a top loser on the 17th.

Now, who loves top losers? We love top losers I Love Love Love losers. Now everyone always asks me Charlie Why do you love top losers And this is another example of why we had a massive break into an upper direction help there and then boom because every reaction and the stock market is an overreaction. It got be down like a rabid dog. Then we tested a downward direction below our directional red SMA line but then ultimately broke back above it before it running up massively again on Friday We Love Love love top losers folks and again not to Pat myself on the back.

but this was another one we posted on our free Zip Trader Circle nightly watch lists. If you're not in the zip trader circle, go ahead and join that Facebook group. - Great place to find new opportunities, but again, my picks are all from public knowledge. Things that are publicly known, right? I Don't have a magic ball? I'm not calling this out because I know concretely that it's going to go up I Just know that every reaction in the stock market is an overreaction and the top loser segment that's public knowledge.

You can see the top losers by just googling top losers if you want. There's really nothing special about me if you think I'm some sort of whiz kid that's completely inaccurate. Every reaction in the stock market is simply an overreaction, so you have no excuse not to find these place. Okay, But with that being said, is there still price action to trade off of? Well, we ran up massively before breaking into a downward direction below our red directional SMA line, and as we've seen be NGO has a recent pattern of temporarily testing downward directions below the directional awesome a line before running up back afterwards.

and we've seen that after hours, we have slowly gained back traction and then boom broke into an upward direction. So what I'll be looking for is solid upward direction. We want to stack our elevating factors against our deprecating ones. Would that be set the downward potential? It's quite insane, and this stock is part of a general downtrend when you look at the overall chart.

So if you are considering getting in intraday, you should be focusing on getting a good deal, but also making sure that you were buying into a period of price ranked confirmation because again, you may not have a lot of downward potential intraday. But if you're looking at the longer-term time chart for context, it's there and it's a huge deprecating factor. Okay folks, well I do hope that you found some value in this video. If you have any questions whatsoever, you can feel free to reach out to us below or join our free Zip Trader Circle Facebook group.

We post Mightly Watch lists and we have a ton of other great resources on there. Of course we now also have Zip Trader You, which is our premium course that we built to expedite the process of trading and allow you to work closer with me Because a lot of folks were complaining that people on the Zip Trader Circle Facebook group and the Discord chat there's just too many people so there's a lot of noise. So I want to make sure that people don't feel like there's too much noise I Want to create sort of a smaller classroom setting I Went to a huge University and each lecture had like 200 people in it so you never really got to know who is teaching. and I think that's sort of what has happened to a lot of our larger groups.

but the larger groups are still a great opportunity to connect with a diversity of many different traders with many different experience levels. That's why I really value that but I also want to give you the opportunity to grow in a smaller classroom setting and that is why we have Zip Trader You Zip Trader! You also has a private tutor in chat that allows you to connect with me. One of the reasons that I started Zip Traders: because I Wanted to work with people. This is one of the most rewarding aspects of this channel in this community is the fact that I get to work with so many different people and I get to talk to people and sort of spread my passion.

What's the zip? Frater We've always been passionate about efficiency. How can we present material that lead you to progress? And with Zip Trader you, this legacy has continued. Its a complete A through Z map on how to succeed as a trader. I Always recommend for folks to be smart consumers and understand exactly what they're getting themselves into.

This is not a course that is going to hold your hand. We never hold your hand, but we're going to walk you through everything that you need to know and I'm going to be with you every step of the way. I'll put the link in the description below, read everything on the sales page, make sure that you're familiar with the program and if you do consider enrolling soon, make sure to use Coupon code First 400 in order to get an extra discount. We love discounts and never forget that we have tons of free content on the YouTube channel and in our zip code.

a Circle Facebook group that you can always access and we post lightly free watch lists in the zip Create a Circle Facebook group. Have a great day folks and I'll see you in the next video.