Finding the right Penny Stocks to Watch is going to require you open charts and finding price patterns and placing limit orders in the direction where you expect market price will pass.
As in any other form of trading, there is price.
Nothing else matters more than price.
No number of news is going to override this fact.
Trade price, not the news and you will be at an advantage.
One simple concept when looking for penny stocks to watch is that when you see price moving between two points, does not matter how far this price gap is, price is inevitably going to be sprung free in one direction or another unless it is sitting at 0.
0001 of course where it can only go upward.
It is so simple and people just do not think and work with this price fact.
If you place a limit order outside the price range and it gets filled most likely you are almost guaranteed to make some money.
You will want to get out before the market comes back around into the range if you get a notion it is going to.
But this is just one thing to look for when finding penny stocks to watch.
If a stock goes out of its range most people will take notice and generally ride it as far as they can.
This can drastically move the price, but there can be a retrace of price so you need to be careful.
Trading stocks is very risky and you should never go all in on any particular stock.