Weekend Watchlist

We’ve got plans later tonight to be with family and friends. Hopefully, you do too. Take a load off. It’s been a big year.

But before that happens, we wanted to prepare for Friday morning.

The markets will be open for three and a half hours tomorrow. They close at 1:00 P.M. Eastern on Friday.

There are two realistic possibilities for Friday morning trading …

Either it’ll be slow as hell.

Or there will be a huge profit opportunity on a volatile low-float stock.

And these are the three tickers we’re watching …

#1: NeuroBo Pharmaceuticals (NASDAQ: NRBO)

The float is 3.7 million shares.

It spiked yesterday and consolidated into the close.

There’s not a clear catalyst for this ticker …

But it has the float and the volume. Plus it’s a huge former runner. Look at this chart of a +670% spike in two days last September …

Here’s a chart of yesterday’s intraday price action. The consolidation continues …

This stock has a clear catalyst. And the float is only 1.4 million shares.

The company received an FDA fast-track designation. That’s big news.

It spiked on Tuesday of this week and has been consolidating since then.

We want to see it bounce back above $5 before we plan a trade. Make sure it can continue the move …

Last but not least, the float is 1.1 million shares.

It announced the first human patient for their clinical trial last week.

Then the price fell off a cliff after KPRX raised $3 million by issuing warrants.

Here’s our thought … we might hear positive results from the clinical trial. The first human trial … that could be big.

Wait for the news to drop! We’re not gambling on the trial results. We’re trading the resulting volatility.

Run a scan in Friday’s premarket with this criteria …

Low-float stocks spike the highest.

It’s basic economics, a low supply will push prices higher when demand increases.

A prime example is the most legendary spiker of all time …

AMTD Digital Inc. (NYSE: HKD) IPOed 16 million shares at $7.80 per share. Within a month the price spiked +32,000% and reached $2,555 per share.

Here’s a chart …

That’s why we focus on low-float stocks.

It’s what led us to this trader’s top stock pick.

He’s been analyzing the HKD move ever since the spike earlier this year. And he claims to have found the next big runner.

We read the report. It’s got all the components …

If you’re interested, check it out.

The price isn’t spiking yet, there’s still time to make a trading plan.

Benjamin Bull

Managing Editor, Dollar Stock Club