To determine a hot stock we first look at the stocks in a specific portfolio that is a trend oriented portfolio.
We then add very short term indicators that are useful in determining when an Elliott wave, very short term.
The length of a trade is typically no more than two days and it is not unusual to have a move that is 10-20%. But do not expect much more.
The risk is still there, as something crazy can drive the stock to go in the opposite direction.
But ........well any way the stock it found today is SPRT support.com.
Let the good times roll.
Disclosure: I am long SPRT.