So as I sit here learning and growing my knowledge bank I need to jot down some thoughts on a few possible trades that I am looking at, I do not want to put a watch list out as I need to verify my thought process before I make those.

With that said, through the last 20 lessons on the 30-day challenge I have found myself making notes about what I think the stock will do but never going back and either verifying it was correct or making a note somewhere that it was wrong and why it was wrong and how to address that in the future.

Tonight I have the following stocks that I think fit into 1 of the patterns to trade.

First Greed Day (FGD):

LLKKF (OTC)- This stock over the last 3 months has had no price movement that is worth talking about. However, there is an uptick in volume average over 9/15 day periods on Jan 11 of 7.8 Million. A Float of 876.14M

On 15 Jan it started to get more volume and broke over the .1 on 15 Jan but closed below it, this was a Friday.

Then on Tuesday 19 Jan (Monday was MLK in the USA), there was some news about them drilling and it opened at .113 and closed .13 making it a green day but not worth noting as FGD.

20 Jan we get open of .179, excellent that it opens higher than the high before, however, it closes out at .169 and that is below the open making it a red day. Also, news that OTC shares are approved for real-time electronic trading.

21 Jan we have an open of .195, excellent again that it opens higher than the previous days close of .169. However, it again closes lower than it opens at .168 marking yet another red day

22 Jan we have an O- .1758 C-0.177, opens higher than the close the day before and closes higher than the open, excellent first green day but nothing to write home about.

25 Jan we have O-0.235 C-.39, Opens higher than the close the day before and closes MUCH higher than the open by over 65% jump of its opening. It had a high of .49 125% change on the day. While it closed .10 lower than its highs it was able to keep a sideways price action and close strong.

THESIS: This stock will be on my watch for a morning spike into a possible Dip Buy opportunity

UPDATE 26 Jan Actual Stock action: So updates its 26 Jan and looking at the chart from this morning my morning spike was correct into a HOD-0.50 in the first 5 mins of trading, however, my dip buy a portion of the theory was off, I would have been looking for it and hopefully not forcing it. I will have to go back and watch the chart in real-time to see how it plays and with paper money see if I could get in and out based on the data. Now I didn't trade this but it gives me a little warm fuzzy that I have a small ability to read stock charts, or I got lucky on this one. If I held overnight and got out at the peak it would have been a .10 gain per share, assuming I won't be greedy I will say it's possible I could have made .5 per share on this trade.

BMIX (OTC) - This stock again has nothing to mention for price action. However, we have volume metrics that spike over the 9/15 moving averages starting on Dec 21/22 218 and 118million respectively and pick up again Dec 31, Jan 4 176.6m/939.6M ( this is a huge volume spike with little price action). The volume dies down again until the last 3 trading days. A Float of 1.7B

21 Jan; O - 0.0026 C - 0.0044 H -0.0055 V - 350.9M; opens higher than the previous day and closes higher than the opening. Small FGD

22 Jan; O - 0.0052 C - 0.0076 H - 0.009045 V - 683.9; opens higher than the previous day and closes higher than the opening. Small FGD

25 Jan; O - 0.11 C - 0.043 H - 0.07 V- 1.2B; This is the TRUE FGD, this is a 400% uptick on the day and at its high 700%.

THESIS: While there is no news that can justify the uptick, it is in the minerals arena and could be a sympathy play for the EV sector. I am expecting this to spike early morning and have a Dip Buy play.

UPDATE 26 Jan Actual Stock action: This played out to an exact replication of my thesis. This stock had a morning spike starting at the opening of.061 for 12 mins to a High of .10, the largest high it has had since 2017! That is a huge amount of time to get out with profit assuming I will be able to read the signs in real-time. After 12 mins, the dip came from .1 to .07 with a bounce to .09. As someone who is stuck behind the PDT rule this stock would have allowed me to hold overnight sell into the morning spike, wait to see if the dip came once I saw signs that a dip happened AND the dip turned I could have bought and sold and used only 1 PDT and gotten 2 gains. The only downside is my 15 min morning limit, by the time the full dip would have happened I would have had to leave. So I need to remember that I have a time limit and to make sure I do not put myself in a situation that will put me in a negative.

Multi-Day Breakout Pattern

ALYI: This stock has had 13 days of volume increase, almost all above the 20 days moving average. It has had multiple news releases on 12,13,14,15,20,21,22 of Jan. This stock is in the EV market and is gaining a boost from the USA rejoining the Paris Climate Accord. A float of 99.65M

6 Jan; O-0.0123 C-0.0172 H-0.0217 V-402.8 (Note: This stock has a float rotation of 4 times available stocks to trade). This is a FGD but it is a small price move

7 Jan; O-0.0182 C-0.0182 H-0.0207 V-123.4. A neutral day and traded over 1 times its float

8 Jan; O-0.0193 C-0.022825 H-0.0249 V-185.6M. Another small green day, this is our 3rd day where we open higher than our previous day and close higher than out open.

11 Jan; O - 0.0223 C - 0.03695 H -0.0375 V - 234.1M (NOTE: This stock has a float rotation of 2.3 times the available stocks). This is the true FGD, we gain .014 on the stock.

12 Jan is a red day, opening higher than the close, but has a massive sell-off at the start of the market. O-0.038 C-0.02585 H-0.0384 V-432.5M. I assume this is people getting out since there has been so much traded on it.

13 Jan a green day but small. O-0.0298 C-0.0328 H-0.033 V-162.8M. We are still seeing huge volume being traded so it is still a liquid stock and has an interest in it.

14 15 19 20 21 22 Jan are all red days but they do not break the opening of 0.0225 support from 11 Jan. More press releases ensure over these days.

2 Press releases were dropped on 22 Jan 1 at 0926am and 1 at 1239pm. This I believe is what leads up to the jump on 25 Jan 2021.

25 Jan O-0.0349 C-0.0461 H-0.0475 V-275M. This close is .01 higher than the FGD on 11 Jan. Through the day it has an upward trend and closes higher than it opens.

Thesis: I expect this stock to either have a 1-2 min sell-off at the start of the morning then into an upward trend for 5-10 mins allowing for a dip buy early market start

UPDATE 26 Jan Actual Stock action: So this stock had a 1 min red volume and red candle at open, it opened at 0.0475 and closed at 0.0472 in that 1 min, this 0.0472 would end up being the low on the day. After that volume sell-off it has 16 green candles and 2 red candles, but all in an uptrend. Almost all the volume traded is above the 20 day moving average. At the top of the spike it got to 0.0578 allowing a .01 gain per share. Then it went into a dip and another uptrend. The first uptrend would have lasted past my 15 min mark so I would have gotten out before I had to leave for work.

AMLM: This stock has had a runup lasting from 6 Jan till 21 Jan, small price movements and small volume but in an upward trend. Zero news filings or tweets mentioning it. FLOAT-48.41M

22 Jan: O-0.24 C-0.65 H-0.7315 V-7.9M; Late day price action with no news or known catalysts. FGD

25 Jan: O-0.7 C-1.41 H-1.5 V-8.2M; Again no news, massive run-up from 0930-1000. Keeps sideways price action for most of the day never dips below the previous day's high and closes within 10% of the daily high.

Thesis: This stock will have a gap up at into a morning dip with a bounce.

UPDATE 26 Jan Actual Stock action: This stock ended up having a small morning run-up, it opened .13 higher than the previous days close and spiked to 1.7 in 1 min, then 1 min of selling then 4 mins of a little uptrend. I would like to believe that if I saw the first green candle and then the red candle I would have sold it since it was not following my thesis at all. It did have a morning dip starting at 948am til 1002 from 1.75 to 1.16 and bounced to 1.45 this would have been a nice capture but it would have been after I left for the day.

With my Thesis checked I will say I got 2.5/4 correct, or close enough to be playable. Going into further analysis and looking at other plays for better predictions and increase the confidence of possible plays. There is no way to know how I would have played these tickers, this exercise is only allowing me to ensure I have the basic knowledge to read and have possible plays.

All my thesis will be checked to see what was or was not correct and how to adjust as needed. Writing this down also makes me work through the thought process and start to look for the indicators and charts within specific ranges.

These stocks are not meant to be picks for anyone and are part of my learning process.

Now I just hope I can come back and add in the actual stock action....

Good News, you can edit this :D