My Bullseye pick that I want to buy this week is
Satixfy Communications (SATX).

SATX stock12/30/24 near $1.40 (touched $1.55)   –  1 days later $2.39 = 54%

My Reasoning:

Most of the bigger stocks I am looking at are trending under their 20-hour moving averages, and I don’t want to try and pick a bottom before the time is right.

The bottom will probably be in place later today or tomorrow, but until I see more signs of that, I don’t want to try and get aggressive.  I’ll have several new long positions with Bullseye Unlimited later this week though, so keep an eye out for those.

Today, I want to try something new with Bullseye.

I have been having a lot of success trading smaller “penny stocks” lately, and I want to share some of these when there are weeks I am not very confident with the market (like right now!)

There is one stock that I am looking to buy today that I think has a lot of potential. 

My plan is to get started with an opening position during my live 11am session today, somewhere around $1.40 where it currently is now. 

If this trade doesn’t work out, I will use a stop with a closing price below $1.15.

If things go my way, I think we could see SAXT could rally to $2, and possibly even to $2.50, which is target #2 for me.