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Hot Penny Stocks That Retail Traders Can’t Get Enough Of In 2021

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14.10.2021

October 2021 has been quite a wild ride for penny stocks so far. And considering that we’re only at the halfway point in the month, it doesn’t look like this volatility is going anywhere anytime soon. But, typically we see that retail traders thrive off of large fluctuations with penny stocks. This is due to most leaning toward the swing trading method. If you’re unfamiliar, this is buying and selling penny stocks in a short time frame based on chart signals and speculative events.

[Read More] 4 Hot OTC Penny Stocks To Watch For October 2021

With penny stocks, speculation is the key driver of most movements. This includes news, press releases, and company-specific/industry-specific events. Because of this, the best traders are always the ones that are the most informed. In addition to understanding specific news about the company or industry you’re interested in, it’s a good idea to consider what’s going on in the world.

Right now, this includes inflation, the pandemic, and the general uncertainty of the near future. All of this may help to make your strategy more bulletproof moving forward. Now, we also have to consider the effects that retail traders have on penny stocks and the general stock market.

While this may have not been a major factor a few years ago, now, retail traders have a large impact on the market. This means that investors need to keep a close eye on what stocks are being discussed and what the latest trends are. So, keeping all of this in mind, here are three penny stocks that retail traders are watching right now.

One of the biggest gainers of the day so far is Cemtrex Inc. By midday, shares of........

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