🤯Crazy Stocks This Week - $DRUG $TSM $DJT

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INSANE Stock Market Actions This Week! Catch up with this 2-minute reading if you have been busy this week!

In this email, we are analyzing 3 CRAZY movements of the stocks-in-play this week. Let’s recap on the fundamental news catalysts and technical analysis setups. If you are new to trading, you can pick up new insights and trading tips about what type of trading styles worked for these stocks. 📈

At the end of this email, you will also get 2 FREE Scans powered by Stox.io. 😉

A friendly reminder…

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

^$DRUG

📈 $DRUG

What happened?

- Biggest short squeeze of 2024 so far, from under $1 to $69 in a week

- No valid news catalyst, which is common among Bio-Tech Stocks

- High insider ownership, low float, and super cheap locate fees available on most brokers (squeeze squeeze…)

Type: Small-cap

What type of traders are involved?

- Breakout Traders 🐂

- Backside short-sellers 🐻

💡Stox Tips

- If you trade small-cap stocks, make sure to analyze the daily updated Float, Institution Ownership, and Short Interest on https://stox.io

- Cut losses quickly and avoid bag-holding small-cap stocks

Key interest level: Daily opening price

^$TSM

 📈 $TSM

What happened?

- Taiwan Semiconductor Manufacturing Company reported strong earnings with higher revenue forecasts

- Stock gapped up to a new all-time high amid bullish sector hype

Type: Large-cap

What type of traders are involved?

- Swing traders 🐂

- Long-term bullish buyers 🐂

- Over-extended short-sellers 🐻 

💡Stox Tips

- If you want to capture this kind of strong stocks, check the Premarket Gap Scan, Mid-day Large-Cap Swing Scan, and Live Newsfeed on https://stox.io 

- Assess the risk-reward-ratio if you're planning an entry

Key interest level: $200

^$DJT

📈 $DJT

What happened?

- Mixed sentiment on potential Trump’s presidential win

- Trump Media & Technology Group Corp.’s stock has a history of attracting meme stocks and stonks’ buyers, contributing to the massive upside moves.

- Social media has criticized Trump's behavior and the cancellation of his events, amid disappointment over his cryptocurrency venture.

Type: Large-cap

What type of traders are involved?

- Event-driven swing traders 🐂

- Technical rejection short-sellers 🐻 

💡Stox Tips

- If you want to find potential swing trading setups, use the Midday Momentum Stock Scan on https://stox.io 

- Keep up with the latest market sentiment and fundamental news with Stox Live Newsfeed

Key interest level: $30

^{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!

Team Stox