🐂Best Bull Market Stocks for New Traders to "Join The Trend"

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Congrats if your stocks and crypto portfolios are making new highs this week! 🥳🥳

We’re experiencing a historically bullish week in the stock market. So in this email, we want to share the Best Stocks for newer traders to find beginner-friendly setups!

This is your 2-minute reading to stay informed of the profitable plays of the week if you have been busy!

In this email, we will recap the fundamental news catalysts and technical analysis setups of the week. For newer traders, you can learn from our stock trading tips and the various styles of trading for different types of stocks. 📈

🎁 Keep reading til the end of this email for 2 FREE Scans powered by Stox.io.

Friendly reminder: We have a FREE Stox Discord. Stay connected with us for the latest Stox updates!

^$PLTR

📈 $PLTR - Top Pick for Beginner Traders This Week ⭐

What you should know about $PLTR?

- Palantir stock continues to rally to its new all-time high as bullish momentum in tech sector continues.

- This stock is a gentle mover with decent intraday range; suitable for both day trading and swing trading setups

- For beginner day traders, it is easier to identify entry areas for potential trend-join long trades.

Type: Large-cap

What type of traders are involved?

- Event-driven Swing Traders 🐂

- Trend Join Long Traders 🐂

💡Stox Tips

- Create a ‘Tech Sector’ scanner using the custom scan filter criteria on https://stox.io to find a list of the strongest momentum stocks in a bullish sector

Key interest level: $55 daily support ➡️ $60

^$TSLL

 📈 $TSLL - Cheaper option for beginners to trade Tesla!

What you should know about $TSLL?

- Tesla is on a massive uptrend toward its previous high

- $TSLL is a TSLA Bull 2X Shares ETF, which means that it is trading at a much lower price but moves the same as $TSLA

- Day traders with smaller accounts can leverage this ETF to manage a better position size and risk exposure

Type: Leveraged ETF

What type of traders are involved?

- Opening Range Breakout Traders 🐂

- Gap Up Reversal Long Traders🐂

- Over-extended short-sellers 🐻 

💡Stox Tips

- Assess your risk-reward using previous day’s range and key levels on the daily chart

- Check the latest news catalyst and market sentiment of bullish tech stocks on https://stox.io 

Key interest level: Previous day’s closing price

^$ZCAR

📉 $ZCAR - Classic small-cap pump-n-dump trade

What you should know about $ZCAR?

- Zoomcar Holdings Inc. ran from $4 to $16 without any real news

- Classic short-trap consolidation breakout on the first day of the massive move, favoring the small-cap breakout traders

- Stock dumped in the after-hours and stayed red the next day, favoring the experienced short-sellers who waited for their 1st red day setup.

Type: Small-cap

What type of traders are involved?

- Breakout long traders 🐂

- Backside short-sellers 🐻 

💡Stox Tips

- Use Premarket Gap Small-Cap Scan to filter for small-cap stocks in-play https://stox.io 

- For small-cap trade planning, always analyze the key statistics such as float, institutional ownership, and relative volume.

^{FREE SCANS}

🚀Midday Runners Scan by Stox.io

Take a look at the most watched stocks on our scanner results today.

Mid-Day Large Cap Stock Movers / Potential Swing Trade Scan

Mid-Day Small Cap Movers Scan

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See you next week with more exciting stocks!

Team Stox