This isn’t an easy market, but there are opportunities. The key is to be patient and wait for solid setups. Also, understand that there’s a lot to learn. That includes gaining experience in different market conditions. It also means learning different strategies like this…
This week’s penny stocks to watch…
- Indonesia Energy Corporation Ltd. (AMEX: INDO … read my analysis here)
- Cyberlux Corp. (OTCPK: CYBL … read my analysis here)
- Dark Pulse Inc. (OTCPK: DPLS … read my analysis here)
Top Penny Stocks List: March 7, 2022
This is a time to take singles. Last week I made +$4,285 with an 85.7% win rate on only seven trades. Stay safe this week and protect, protect, protect.
These are the OTCs I’m watching this week…
And here are the listed stocks I’m watching…
3 Penny Stocks to Watch This Week
The Russian invasion of Ukraine is creating volatility. Commodities like oil and wheat are getting a lot of attention in chat rooms and on Reddit.
For me, the focus is still big percent gainers. Also, pay close attention to former runners when they run for multiple days.
Top Penny Stocks List #1: Indonesia Energy Corporation Ltd. (AMEX: INDO)
Indonesia Energy Corporation is an oil and gas company with properties in Indonesia.
Key points about INDO…
- INDO traded in the $4 range as recently as mid-February.
- Oil and gas is the strongest sector of the past month due to the Russia-Ukraine conflict.
- Stocks like INDO benefited as crude oil topped $100 a barrel in a wild week of trading.
INDO is a big short squeeze as short sellers continue to incorrectly predict the top. Already up 345% in less than two weeks, it spiked another 131% on Friday. I’ll watch for any big intraday panics to dip buy.
Top Penny Stocks List #2: Cyberlux Corp. (OTCPK: CYBL)
Cyberlux designs and sells advanced LED lighting systems. It also sells solar-powered mobile lights and drones.
Key points about CYBL…
- On March 1, Cyberlux announced a partnership with ARG Group. ARG will assist with marketing and sales to the U.S. Department of Defense.
- The company tweeted a ‘business roadmap’ and ‘acquisition force multiplier’ on February 23. CYBL is up 129% since.
- It blatantly self-promotes via Twitter. Recently, it even tweeted a link to a paid promotion…
As if the headline of the blatant promotion wasn’t enough … All you have to do is scroll to the bottom to find the disclaimer…
I wish more companies issued press releases like that. Why? Because it gives Twitter pumpers more to work with. It leads to more volatility. And it often leads to better trading opportunities.
Remember, ride the hype but NEVER believe it.
Top Penny Stocks List #3: Dark Pulse Inc. (OTCPK: DPLS)
Dark Pulse Inc. is a technology security company. It offers laser-based sensors for monitoring infrastructure like pipelines and nuclear power plants.
Key points about DPLS…
- On March 3, Dark Pulse announced a partnership with Progress Humanity. Progress Humanity is a media company specializing in cross-cultural communication.
- Former supernova DPLS found a bottom on February 24. Before Friday, it closed green each day and was up as much as 129% in that time.
- DPLS has a ton of Twitter promoters. It was also recently featured on a popular paid promoter’s website.
DPLS pulled back on Friday. Watch it for true panic — that’s the key to a good entry on dip buys.
In the first week after Russia invaded Ukraine, thousands of people died. That includes dozens of children. Over one million refugees from Ukraine have escaped to neighboring countries. Sadly, millions more are suffering.
Karmagawa started a fundraiser to support Save the Children in its humanitarian efforts. In the first five days, we’ve raised over $150,000.
Thank you everyone supporting our @karmagawa fundraiser to #HelpUkraine where 100% of funds raised get donated to @SavetheChildren to help innocent kids caught in this tragic #RussiaUkraineWar & we just passed $150,000! Go to https://t.co/obpGjQHeA9 to donate & sharing helps too pic.twitter.com/4ouUYQljag
— Timothy Sykes (@timothysykes) March 3, 2022
Thank you for your donations. While I’m proud of what we’ve done so far, we need more help.
Donate and Share to Help the Children of Ukraine
This Karmagawa post shows just a few of the innocent children caught in the crossfire. Swipe through the videos and pictures. Imagine your child having to experience this tragedy.
View this post on Instagram
Open the above post on your phone and donate. These children need your help. Please, donate and then share this fundraiser. Save the Children has been on the ground in Ukraine since Russia invaded Crimea in 2014. They’re in place but need funds.
Once you’ve donated, share the post. Together we can make a difference.
This is where your journey begins. If you can change your mindset from making money to learning, there’s hope.
New to penny stocks? Start with my FREE penny stock guide.
Also, get my best-selling book “An American Hedge Fund” here at no cost.
For the basics of my strategies, read “The Complete Penny Stock Course.”
And if you think you have what it takes, maybe the Trading Challenge is for you. Only apply if you’re willing to study hard. It’s not easy, but it’s where all my top students refined their skills.
Trading Challenge students also get access to my daily watchlists. All successful traders make their own watchlists. Studying mine (and those of other successful traders) is a good start, but you need to learn…
How to Create Your Own Penny Stocks List
Answers to watchlist FAQs…
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.
It all starts with looking for big percent gainers. 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 and weekly update? Comment below, I love to hear from all my readers!