Top Penny Stocks List Weekly Update: March 8, 2021

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.


Many new traders feel overwhelmed at first. How do you choose stocks for your watchlist? It all starts with looking for big percent gainers.

Look again at the chart in the tweet above. Remember, it’s about understanding the psychology of the market. Top traders know how to plan trades based on both pattern and market sentiment.

Keep reading for more about how to create your own penny stock watchlist.

First…

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News Moving the Penny Stocks on This List

The theme of the week is protect, protect, protect. We’ve had an amazing run with OTCs. I’m not saying it’s over — I don’t try to predict the markets. But with the SEC suspensions scaring off the best promoters, it isn’t a time to be overly aggressive.

The bounce on Friday was positive — let’s see if it can continue.

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Read these related posts to learn more…

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Top Penny Stocks List Weekly Update: March 8, 2021

After a weak  morning session on Friday, the Dow, the Nasdaq, and the S&P 500 all closed up strong. Many OTCs followed suit. Even though I’m not holding OTCs overnight, they’re still my main focus. So again, we’ll start with OTCs and then move on to listed stocks…

Top OTCMarkets Penny Stocks To Watch

Below is my OTC penny stocks list for the week starting March 8, 2021. I’m not chasing any of these plays. In a normal market I’d be long at least two of these stocks overnight. But I want to be prepared for morning panics as I think they provide the best opportunity.

Be sure to read everything so you understand the thought process that goes into my list.

Top Penny Stocks List Weekly Update #1: Enzolytics, Inc. (OTCPK: ENZC)

Enzolytics develops therapeutics for infectious diseases including HIV-1, hepatitis, and influenza.

On February 22, Enzolytics announced the discovery of 11 immutable target sites on the SARS-CoV-2 virus.

“Targeting these conserved sites allows the production of a therapeutic that will not become ineffective due to mutation of the virus. In other words, even a “variant form of the virus” will expectedly contain the immutable targeted sites. Targeting those immutable sites avoids the ineffectiveness that is experienced when a therapeutics or vaccine targets a site that has mutated.”

Read the full press release here.

The company applied for a patent covering the discovery. ENZC is also getting hyped on popular Reddit stock threads.

Check out the ENZC one-year chart:

ENZC closed up 46.94% on Friday. It was a solid first green day after a giant multi-day drop on this recent runner. The catalyst for the multi-day run was the discovery of immutable targeted sites on the HIV virus.

Again, I won’t chase. I’m watching ENZC for a potential morning panic dip buy opportunity. See my ENZC trades here.*

(*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: Ozop Energy Solutions (OTCPK: OZSC)

Ozop Energy Solutions is a renewable energy company focused on high-current battery chargers.

OZSC had a big bounce Friday after a multi-day drop similar to ENZC. And like ENZC, OZSC is another hyped stock on multiple Reddit threads.

Here’s the OZSC one-year chart:

OZSC had a nice morning panic on Friday. But it wasn’t max panic and couldn’t crack Thursday’s lows — which is what I was looking for. It continued strong all day and closed up 76.6%.

I traded OZSC twice Friday during my all-day live trading webinar. I underestimated the stock but took singles in an ugly overall market. I’m watching for any big morning panic to dip buy. See my OZSC trades here.*

Top Penny Stocks List Weekly Update #3: Artificial Intelligence Technology Solutions Inc. (OTCPK: AITX)

Artificial Intelligence Technology Solutions is focused on robotics/AI for security.

AITX is another recent runner beaten down as OTCs plummeted. It had a strong first green day on Friday after the company announced a dealer agreement between its subsidiary, Robotics Assistance Devices, and St. Moritz Security Services.

St. Moritz CEO Matthew Schwartz said, “We are thrilled to now be able to offer RAD’s remarkable security solutions to our clients. End-users are looking for cost-effective and innovative alternatives to traditional manned-guarding, and the solutions that RAD offers fit perfectly into our business model.”

Steve Reinharz, CEO of RAD said, “It’s a great honor to welcome St. Moritz to the RAD dealer channel. Their impressive client base and their commitment to delivering excellent service aligns very well with our objectives. We anticipate great opportunities in supporting St. Moritz as we roll out RAD solutions to their end-users.”

Read the full press release here.

Check out the AITX one-year chart:

Like ENZX and OZSC, AITX is well below February highs. But even though it had a strong first green day on Friday, I’m not convinced it lasts. My mindset is focused on protecting gains.

I traded AITX on the initial morning spike on Friday, but it was weak and I got out for scratch. After a double top in the early afternoon, it finally had a breakout and finished the day up 42.88%.

I’ll watch for morning panics and trade like a sniper if the opportunity presents itself. See my AITX trades here.*

Top Penny Stocks List Weekly Update #4: Asia Broadband Inc. (OTCPK: AABB)

Asia Broadband is back again for the second week running. One of many recent entries into the crypto/blockchain space, officially the company is in the mining sector. You gotta love penny stocks.

Asia Broadband’s most recent news is a letter of intent to acquire a Mexico-based gold mine.

“In the coming weeks, the Company will be conducting further due diligence and continuing its negotiations to acquire the estimated $30 million property. All efforts are underway to accelerate this turnkey acquisition in order to rapidly advance AABB into production and begin an expansion program. The Company anticipates negotiating a definitive agreement to acquire the property in the very near future and will release additional location details, photos and mineralization information at that time.”

The company used the press release to update shareholders about its ‘gold-backed’ cryptocurrency.

Read the full press release here.

Check out the AABB one-year chart:

AABB has been one of the better panic and bounce plays of the past month. Like the other stocks on this week’s top penny stocks list, it’s far below recent highs.

It finished Friday up 20.58% but I won’t chase. For me, AABB is a potential buy into any big morning panic only. See my AABB trades here.*

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Top Listed Penny Stocks to Watch

There’s only one listed penny stock on my watchlist going into the week of March 8, 2021. Like the OTCs, it’s off recent highs. But it showed signs of life on Friday, especially after-hours…

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Top Penny Stocks List Weekly Update #5: Anchiano Therapeutics Ltd. (NASDAQ: ANCN)

Anchiano Therapeutics is an Israel-based biopharmaceutical company focused on therapies for lung-, colorectal-, and pancreatic cancers.

ANCN spiked 268% on February 10 on news of a proposed merger with Chemomab Ltd. Read the S-4 filing here. The spike was short-lived. The company is also the subject of an investigation on behalf of investors.

ANCN had a solid day on Friday, closing up 18.44%.

Here’s the ANCN one-year chart:

ANCN continued to move on Friday in after-hours trading. In premarket trading today, the stock spiked from $4.69 per share to $8.80 in 20 minutes before pulling back. It has already traded roughly three times the average daily volume.

I’m watching for a big morning panic, ideally right at the open. But a lot of big premarket spikers have turned into all-day faders recently. Let’s see what ANCN can do.

How to Create Your Own Penny Stock List

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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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