Penny stocks can move fast and be highly volatile. To be successful, you need to make a list of stocks to watch — and potentially trade — every day. Remember, learning to create your own watchlist is key…
It’s crazy/sad how many people just want hot tips as they think that’s the key to getting rich, but I don’t know ANY rich/successful person who depends on anyone else for research. Expect the worst out of everyone/every ticker & learn to do the hardcore digging/research YOURSELF!
— Timothy Sykes (@timothysykes) March 21, 2021
Study the stocks on this week’s list to learn more about what I’m looking for, and why. Many new traders feel overwhelmed at first. How do you choose stocks for your watchlist? It all starts with looking for big percent gainers. Keep reading for more about how to create your own penny stock watchlist.
First…
News Moving the Penny Stocks on This List
NFTs were the hot plays last week. Watch for more blockchain, NFT, or crypto news. The overall market was choppier last week, so prepare to adapt.
Some of the biggest movers are ultra-low priced stocks with breaking news. Then a follow-up by Twitter promoters. But as fast as they spike, a lot of these plays crash and/or fade. So be careful.
Read More
Read these related posts to learn more…
- Why Patience and Trading Go Hand in Hand {VIDEO}. Watch this video to find out why patience is key. Especially with my favorite pattern.
- Sub-Penny Stocks: Definition, Regulations, and Trading Tips. Sub-pennies aren’t my favorite, but there’s no denying they’ve been hot lately. Hint: four of the five featured stocks this week traded sub-penny within the past month.
- Top Penny Stocks To Watch My monthly watch list is a great place to learn my thought process so you can make your own.)
Top Penny Stocks List Weekly Update: March 22, 2021
Low priced spikers with the potential for morning spikes are my main focus this week. As always, I’ll start with OTCs. After that, we’ll move on to listed stocks…
Top OTCMarkets Penny Stocks To Watch
Below is my OTC penny stocks list for the week starting March 22, 2021. Be sure to read everything so you understand the thought process that goes into my list.
Let’s get right to it with one of last week’s biggest spikers…
Top Penny Stocks List Weekly Update #1: Auri, Inc. (OTCPK: AURI)
Auri is currently in the oil and gas industry and changing name to Evap Inc. It used to be in the footwear industry. Welcome to penny stocks. (New to penny stocks? Check out my FREE penny stock guide here.)
AURI was one of the biggest gainers in the market Friday following a shareholder update.
“The Company is extremely excited to welcome the new Vice President of Evap Inc. to the team, Jonathan Nimrod. Jonathan Nimrod has used his professional positions to save, sustain, and improve lives around the world.”
Read the full shareholder update here.
Here’s the AURI one-year chart…
AURI spiked 1,192% intraday on Friday before dropping in afternoon trading. It still closed up over 500% on the day. I tried to buy the afternoon dip but took a small loss when it didn’t bounce. See my AURI trade here.*
AURI is a potential buy, but a lot of the ultra-low priced spikers are crashing fast or fading. So I’m watching for big volume, big percent gain, and news.
(*Please note: My results are far from typical. Individual results will vary. Most traders lose money. I have the benefit of years of hard work, dedication, and experience. Trading is inherently risky. Do your due diligence and never risk more than you can afford to lose.)
Top Penny Stocks List Weekly Update #2: iMD Companies Inc. (OTCPK: ICBU)
iMD Companies used to supply equipment for the hydroponics industry. Last week it became the latest OTC company to shift into crypto and blockchain.
On March 17, iMD launched a crypto farming and data center.
CEO Rick Wilson said, “We are very excited about our future at iMD. We have invested in the top server technology with the fastest storage systems in order to farm cryptocurrency. Our in-house technical team has developed our systems and procedures and we look forward to updating our shareholders regarding our business development at iMD very soon.”
Read the full press release here.
Here’s the ICBU one-year chart…
ICBU ran 183% in two days, hitting a 52-week high of $0.0465 before pulling back. It had a morning spike on Friday. It traded very choppy all day but managed to finish up 22% on the day.
ICBU is a potential buy on big volume, a big percent gain, and news. It could turn into a potential morning panic dip buy if it can put together a multi-day run.
Top Penny Stocks List Weekly Update #3: Image Protect Inc. (OTCPK: IMTL)
Image Protect is a software company specializing in digital asset protection. Its Fotofy platform lets creators and publishers earn money from shared photos.
On March 5, the company announced creation of a slide deck to explain the Fotofy platform. The stock trended up and had a multi-week breakout on March 17.
IMTL spiked 58% on Friday, hitting a 52-week high of $0.019 per share. It closed near the high.
IMTL is a potential buy with big volume, a big percent gain, and news. Again, be cautious with these low-priced plays. Don’t overstay your welcome and be sure to sell into strength.
Top Penny Stocks List Weekly Update #4: UA Multimedia Inc. (OTCPK: UAMM)
UA Multimedia used to be a medical marijuana marketing company. Due to “unfriendly cannabis business environment” the company switched to cryptocurrency and blockchain in 2019.
UAMM spiked on March 15 after the company released a near-term crypto business plan.
CEO Michael Lajtay said, “The recent rise in cryptocurrency momentum in general and Bitcoin in particular have presented a wide variety of business opportunities for UA Multimedia. If properly implemented, applications using blockchain and Ethereum can disrupt many existing ways we currently conduct businesses. Our goal is to improve functionality and create values by exploiting these technologies.”
Read the full press release here.
UAMM spiked 182% on March 15. It traded choppy the rest of the week, but held most of its gains. I traded it several times, but on my last trade the price action was weird, so I played it conservatively. See my UAMM trades here.*
I’m watching UAMM for potential morning spikes, ideally with big volume, a big percent gain, and news.
Top Listed Penny Stocks to Watch
Here are my listed penny stocks to watch for the week of March 22, 2021. All are in the NFT space as that’s the hottest right now. Look for continued NFT news, big volume, and big percent gainers.
Top Penny Stocks List Weekly Update #5: Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV)
Hall of Fame Resort & Entertainment Company used a SPAC merger to go public in 2020. The intention is to build a resort for NFL fans near the Pro Football Hall of Fame in Canton, Ohio.
With all the recent hype around NFTs it was only a matter of time before the NFL got involved. That news created a lot of speculation about potential partners. Enter Hall of Fame Resort & Entertainment.
This headline fueled speculation and got a lot of attention on Twitter. A lot of traders believe the company is in the running to partner with the NFL on NFTs.
Here’s the HOFV one-year chart…
HOFV spiked 45% on Friday, but it’s still down from the 52-week high of $12.31 per share. I traded HOFV on Friday thanks to StocksToTrade Breaking News. I’ll keep watching since NFT plays are hot right now. See my HOFV trades here.*
How to Create Your Own Penny Stock List
How Can You Create Your Own Watchlist?
To start, look for big percent gainers. For two decades, big percent gains have been my #1 criteria. After that, I look at trading volume and a catalyst or reason behind the price action. Read “Stock Watchlist Guide: Tips & Examples to Develop Your Own” for details about the entire process.
Should I Create a Watchlist Every Day?
All serious traders create a daily watchlist. If you’re serious about trading penny stocks, making a daily watchlist is essential.
Does Tim Sykes Provide a NO-COST Watchlist?
Yes. Subscribe to my weekly penny stock watchlists below.
How to Use the Top Penny Stocks List Weekly Update
When you read the weekly penny stock list (and the monthly watchlist), don’t think of them as hot picks. Frankly, sometimes they’ll be duds. That’s why it’s called a watchlist. Welcome to penny stocks.
👉🏼SUBSCRIBE to my NO-COST weekly stock watchlist here.
Instead, try to figure out why I’ve put the stocks on my list. Study so you can help yourself become a self-sufficient trader. Only fools chase hot picks.
What do you think about this penny stocks list weekly update for February 22, 2021? Comment below, I love to hear from all my readers!
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