Great Daytrade Set Ups with Junk Stocks – Fundamental Background

The Entry Points

The following video takes a look at opportunities in MTBC, FUEL, DRYS, ARRY, and PIRS. The last 2 actually have a decent fundamental background, and they are relatively higher in quality than most small stocks which are basically junk companies. But even junk stocks can provide great daytrade setups.

 

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About traderscott 1146 Articles
Trader Scott has been involved with markets for over twenty years. Initially he was an individual floor trader and member of the Midwest Stock Exchange, which then led to a much better opportunity at the Chicago Board Options Exchange. By his early 30’s, he had become very successful in markets, but a health situation caused him to back away from the grind of being a full time floor trader. During this time away from markets, Scott was completely focused on educating himself about true overall health and natural healing which remains a passion to this day. Scott returned to markets over fifteen years ago where he continues as an independent trader.

3 Comments

    • Daytrade-wise there is potential. Daily chart-wise the volume today is very big. But this is the great thing about the short term trading mentality, and all of the possible setups. Pretty big bid-offer on this guy at times like many of them.

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