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- Market Reversal: Watch These Stocks! đ
Market Reversal: Watch These Stocks! đ
Smaller stocks are HOT right nowâŠ
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Wow! What a quick reversal for the market today.
In my morning email, I said that we were going to take a âpauseâ and large caps would be tough to trade.
I had no idea today would end up being such a big reversal day for the market.
It just reinforces what I am saying about looking for smaller stocks with momentum.
Just look at the stocks I showed you this week already.
Tuesdayâs biotech stock rallied up 17% this morning from Tuesdayâs alert price.
Yesterdayâs âspecial situationâ stock has been very volatile and made a 30% move higher in pre-market trading this morning from yesterdayâs closing price.
The âmobile alertâ I shared yesterday also made a 20% move higher, and itâs holding stable today.
As you can see, there is a lot of great action right now with these momentum plays, even as the overall market is in trouble.
The new stock I shared with you this morning, CTXR, has been fighting strong all day even though sellers have been attacking it.
Remember, CTXR has already rallied over 50% from the lows last week, and the market is under heavy pressure today.
I think it is holding up extremely well and has been flirting with slightly green or red all day long.
I would not be surprised to see this make a late-day move to catch shorts off-guard.
The key level to watch right now is $.74
Look at the chart below, and youâll see whyâŠ
This is the upper range of the channel CTXR has been stuck in for the last few hours, and $.72 at the lower end.
I think we will see a breakout from that zone soon, so keep a close eye on it. If youâre quick, you might get a great entry on it!
Also, look at the other three stocks I shared with you this week. They have been very active in the days that followed.
I would not be surprised at all to see CTXR make a move very soon.
Make sure you keep it on watch for the rest of this week!
Trade safe out there.
Iâll be back with more updates tomorrow.
To Your Success,
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Just a quick heads up about this ad you're readingâas weâve said, even though we like the company referenced above, and all the facts we discussed above are true to the best of our knowledge, we are running a business here. To distribute this information and help offset the costs of maintaining our large digital audience, in advance of writing the content above, we received twenty five thousand dollars (cash) from Sica Media for advertising Citius Pharmaceuticals for a one day marketing program starting on July 11, 2024. Previously, we received fifteen thousand dollars via ach bank transfer by Lifewater Media for advertising Citius Pharmaceuticals for a one marketing program on March 9th, 2023. These amounts were paid by someone else not connected to Citius Pharmaceuticals. It might be obvious, but whoever paid for this might own shares and is likely looking to sell some or all of them at any time after we send out this information, which might affect the stock price. We may also buy or sell shares in the company at some point in the future, although neither RagingBull nor its owners own any shares of the company at this time. Also, keep in mind that due to the sheer size of our audience, if even a small percentage of people decide they want to buy this stock, it could potentially boost interest enough to hike up those share prices and cause a temporary spike, and the opposite is possible as our program ends, though that is not always the case.
Now, diving right into Citius Pharmaceuticals might sound exciting. But remember, itâs like venturing into the wildernessâbe aware that there's exceptional risk involved in trading. This isn't small potatoes we're talking about; you could lose every dime you put in, so always carefully think about what youâre doing. Thatâs why they call this trading, after all. We're shining a light on the good stuff about the company here, but it's on you to do your homework, make your own calls, and determine a plan for your own trading, hopefully with the help of your professional 1nvestment advis0r.
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