Day Trading WATCH LIST and Game Plan for Monday December 2nd

"UMAC was an interesting one because although it was choppy at the beginning of the day I mean I had my first entry like 10:45 and I still managed to lose on it it had a nice squeeze here going up to 20 so I hate to say it but it looks good going into to the close I mean it closed strong on Friday so is it going to give us more action on Monday look at the daily chart do we have any nearby resistance daily chart Big Green candle 50 60 million shares of volume on Friday plus another let's see it was 56 million on Wednesday so it's got a lot of volume that's good ascending resistance if you connected these two candles honestly not super valid anyways cuz these were both on such light volume this is just it's so much more volume it'll override that so there's no resistance on the daily chart it's a blue sky setup the Catalyst here was um a trump related Catalyst that Donald Trump Jr is an adviser for this company"

"so UMAC I'm going to put it reluctantly on the side chart as a possibility I don't want to be biased I mean yes it's annoying that I lost on it on Friday but um if it you know if it gives me a good setup and the price action isn't having that issue with hidden sellers I'll be I'll be okay with it so I'm going to put that on the watch list for for Monday morning"

"so Zena I will I will also put on my watch list uh for Monday because it had this big spike pulled back bounced up and if this continues if it can break over 10 maybe we had have a shot at getting back to 12 but what I really think that this one needs is a fresh Catalyst fresh news"

"SMTK uh float's fine price is fine so this one uh what it needs is kind of tricky cuz it's right below its 200 moving average on The Daily so you got the 200 there so it needs a catalyst to break through so if it gets breaking news that's the Catalyst we can work with that but if we don't get some fresh breaking news then you know there's there's nothing we can really do"

"BKK T this one um had the cat this was also a trump Catalyst um and it was related to a potential um acquisition truth media or truth social I don't Trump media potentially buying it um so now it's just sort of going sideways"

"uavs this one's given us some moves and is worth keeping an eye on because if it can break over 10 realistically we do have room on the daily for a curl back up the 200 is all the way at $45 a share so we could get a curl on that so uavs is also going to go on a side chart"

"aqq this one high of 21 has pulled back could be interesting if it breaks over 21 or 22 but I think the price um because it's a little more expensive it's going to be harder to trade"

"um in terms of price my biggest winners uh from November were actually priced between two and five but I did well all the way up to you know 20 so two and five sweet spot but 5 to 20 still profitable and happy to trade it um percentages higher is better I I had a lot of stocks I traded that were in excess of 50% uh relative volume 5x and higher news is important and it not just that it's news but that there's a clear Catalyst and so this is where I'll remind you that the Trump um Catalyst produced 50% of my biggest winners from November and then float right now floats of under 5 million are the focus and lower like you know 2 million is definitely sort of a premium that's better and then certainly if we have a recent IPO um that's also really interesting"

"so let's say tomorrow Monday morning I sit down and we've got a stock right here that's already up 139% that's $3 a share it's already got five times relative volume and it has a clear Catalyst whether or not it's related to Trump doesn't matter but if if it is related to Trump I might even have higher expectations for it if it's a biotech I'll have higher expectations and if it's a private placement so Trump biotech and private placement are the three catalysts I'm paying extra attention to right now"

"so that means starting by focusing on stocks that closely fit within the profile are moving fast and we have confirmed what the catalyst is that's bringing the volume in because that's also going to help us understand whether or not more volume is going to keep coming in or if it's just going to pop and then fade and roll over"

"so we've got to really understand why is it that this thing is spiking because if it's popping up and there's no news whatsoever then for all we know it's know a WhatsApp group sending an alert to you know 100,000 people and there's no real fundamental reason for the price to go up and it's probably going to come back down in which case if I buy it I'm just I mean I might make money on it but it's very possible that I'll get caught into too high and then end up taking a loss and I don't want that to happen"