I was searching for a very powerful and efficient stock scanner and screener which could help me detect small cap stocks with low floats having unusual volume surge as early as possible once pre market opens at 4 am ET.
My goal is to try to catch early movers and check if there are any types of related news/catalysts that could gradually create a strong momentum.
I use a simple recipe by selecting the following settings in MOMO Pro:
My price range remains between $1 to $30, but I mainly focus on small cap stocks trading within $1 tp $10.
I look for low floats between 1 to 30 million, as these stocks move faster and offer good percentage gains if a daytrader/scalper knows how to trade these volatile small caps.
Early pre market as well as post market trading is a different ball game compared to regular hours, therefore one needs to really go through a learning curve in order to get use to it. Knowing an infinite list of stock ticker symbols and the behaviour of these highly volatile small cap stocks is definitely a must.
PPSI, LGVN, ISPC, SYTA, BFRI, EFOI, AVCT, CANF, KTTA, KXIN, CNTX, GRTX, AHPI, and several others were all alerted early by MOMO Pro.
I discovered and started using MOMO Pro in November 2021 and I am very thankful to Brent and his great team at Mometic for creating such an outstanding, unique and remarkable stock scanner and screener that has the full potential to truly help retail traders and other investors achieve their financial freedom.
Keep up the great work!
Sohail from FRANCE