2020 has been a great year to trade penny stock breakouts.
And with my help, 2021 is going to be even more prosperous for you because I'm going to show you exactly what to look for.
Buying penny stocks that are moving higher and nearing their 52-week highs has worked much better and has been particularly profitable in 2020.
The break above the 52-week high often attracts breakout traders that use the new high list to pick stocks.
Their buying can help push the stock above the $5 mark, allowing more institutions to get involved in the stock.
This type of trading is not for everyone.
It is very volatile at times.
You will have some good months, and you will have some bad months.
But if you can live with volatility and swings in your account balances, you can make a lot of money with penny stock new high breakouts.
Because we want new high list traders to help lift our stock higher, we want to buy when the stock is moving up and nearing the 52-week highs to get in ahead of the new high list buyers.