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Stocks in this video: ETSY CRWD AAPL MSFT PLTR V BBY
PATTERNOLOGY LAB was founded to specifically provide educational content on Technical Analysis, candlestick patterns, and price action. This channel features the thought process prior to taking trades. My best practices along with my mistakes are shared to help you grow. WE DO NOT GAMBLE! EVER!
DISCLAIMER AND WARNING
In all financial markets, the opportunity to make money comes with a risk that must not be neglected. Always stay aware of the risks and be willing to accept them. Never trade with money that you cannot afford to lose. We are not your financial or investment advisors. We cannot and will not be held liable for any actions you take as a result of our opinions and the content in this channel, any of its social media platforms, or websites. The information provided on this channel and on its social media platforms is purely for informational purposes only, and they are meant to be taken as opinions. Always stay skeptical and do your own research before participating in the financial markets. Nothing in this channel are recommendations, all the content provided are our humble opinions only. The performance of chart/candlestick patterns discussed on this channel is not necessarily indicative of future results. Technical analyses are not absolute and are prone to change due to future market events. Investing in any market is very risky and the risk for significant losses is substantial.
For more knowledge on Finance, Business, and Money: investing tips 2021, long term stocks 2021, #stock , safe stocks to buy now, put options, #options trading 2021, options trading strategies, robinhood investing 2021, #trading patterns, best robinhood stocks 2021, best stocks to buy 2021, swing trades, top stocks 2021, top stocks to buy 2021, financial education, DISCORD , how to invest 2021, financial education, stock market 101, stock market for beginners, stock market crash, stock market today, stock market news, stocks to invest in 2021, stock trading for beginners, swing trading 2021, swing trading for beginners, Elon Musk Tesla, best stocks to buy right now, best stocks to invest 2021 robinhood, webull , best stock apps 2021, top stocks to buy now 2021, top stocks July 2021, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch.
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DROP YOUR QUESTIONS REGARDING THE PRIVATE DISCORD IN THE COMMENTS 🔻🔻
🔥Patternology Lab MERCH ▶ https://patternologylab.creator-spring.com 🔥
💎GETTING STARTED IN THE STOCK MARKET? Here are the steps: 🔽🔽
🔥 Get 2 FREE stocks, one valued from $8-$1850 on: https://act.webull.com/k/uU2v7otrgyGi/main
🔥 To open an account at TD Ameritrade, use the link: https://start.tdameritrade.com/select ➡ Then choose Individual Brokerage (under “Most Common”)
🔥 To Download Thinkorswim: use the link https://www.tdameritrade.com/tools-and-platforms/thinkorswim/download-thinkorswim-desktop.page
In this video, I break down extensively the Top 2 Stocks to buy now for this week. PSYCHOLOGY and ANALYSIS are also included (as always).
💎 Daily Stock Analysis Videos are released 6PM-10PM CT.
✅LIKE & SUBSCRIBE & Hit that notification 🔔 | IT HELPS SPREAD THE KNOWLEDGE TO MORE PEOPLE 🤝🏽
Sincerely,
Paul N'Gumah, CEO & Founder of Patternology Lab
If you have any comments or questions, Don't Be Shy! COMMENT below and I will respond or make a video!
MY FAVORITE DAY TRADING BOOK
📚 https://amzn.to/2YY1LU1
My Studio Equipment:
🎤: https://amzn.to/2NQFu4g
📸: https://amzn.to/38t1Cek
💻: https://amzn.to/3eZDuCP
📺: https://amzn.to/2YZZDeJ
My Trading Desk: https://amzn.to/2YVCBW8
Follow us for daily posts and updates on:
Instagram: https://www.instagram.com/patternologylab/
Instagram: https://www.instagram.com/paulngumah/
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Twitter: https://www.twitter.com/paulngumah/
Facebook: https://www.facebook.com/iampaulngumah
Tiktok: @paulngumah
Stocks in this video: ETSY CRWD AAPL MSFT PLTR V BBY
PATTERNOLOGY LAB was founded to specifically provide educational content on Technical Analysis, candlestick patterns, and price action. This channel features the thought process prior to taking trades. My best practices along with my mistakes are shared to help you grow. WE DO NOT GAMBLE! EVER!
DISCLAIMER AND WARNING
In all financial markets, the opportunity to make money comes with a risk that must not be neglected. Always stay aware of the risks and be willing to accept them. Never trade with money that you cannot afford to lose. We are not your financial or investment advisors. We cannot and will not be held liable for any actions you take as a result of our opinions and the content in this channel, any of its social media platforms, or websites. The information provided on this channel and on its social media platforms is purely for informational purposes only, and they are meant to be taken as opinions. Always stay skeptical and do your own research before participating in the financial markets. Nothing in this channel are recommendations, all the content provided are our humble opinions only. The performance of chart/candlestick patterns discussed on this channel is not necessarily indicative of future results. Technical analyses are not absolute and are prone to change due to future market events. Investing in any market is very risky and the risk for significant losses is substantial.
For more knowledge on Finance, Business, and Money: investing tips 2021, long term stocks 2021, #stock , safe stocks to buy now, put options, #options trading 2021, options trading strategies, robinhood investing 2021, #trading patterns, best robinhood stocks 2021, best stocks to buy 2021, swing trades, top stocks 2021, top stocks to buy 2021, financial education, DISCORD , how to invest 2021, financial education, stock market 101, stock market for beginners, stock market crash, stock market today, stock market news, stocks to invest in 2021, stock trading for beginners, swing trading 2021, swing trading for beginners, Elon Musk Tesla, best stocks to buy right now, best stocks to invest 2021 robinhood, webull , best stock apps 2021, top stocks to buy now 2021, top stocks July 2021, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch.
In today's video we're going to talk about the top two stocks that are setting up really nicely for a massive move to the upside, especially after the nukes that we got from the fed earlier today, i'm also going to be sharing with you exactly why apple and Microsoft moved the way they did all right right after the intro, ah sure welcome back to the channel again, if you haven't already done so, don't forget to annihilate the like button on your way in and also don't forget to subscribe. If you are new to the channel alright, so let's get started right off the bat we got the spy over here um. The way i started off the week was was not not the way everybody would have liked. Again.
I made a very bullish video last time on friday night and i was looking for a break of this inverse head and shoulders. This reverse in the shoulders. We got the left shoulder the head and then the right shoulder right here and it just couldn't do so. It just could not break out and immediately started flushing down right after the gates, open and right now, right now things are looking.
Things are looking decent things are looking good um, i'm not bearish at all. These right here are bed traps right. There are some bears that are trapped over here: lots of buyers forming these two wicks over here all right and also there was news about the fed, not changing the rates this year, but they're expecting, i believe, there's three different hikes in the year of 2022. So we'll see how that one will affect the market.
So far, things are looking bullish and where are we going to go? I think we're gon na retest, the previous highs of 47.40 right before consolidating a little bit more towards the end of the week. Okay, now um the first stock first thing that all of you should be keeping in your watch list. That stock is um e t s y etsy all right, and the reason why i want to share etsy with y'all is because of this. If you look on the daily, if you look on it daily, long-term investors really love this thing.
Every time it collapses down to these levels around that 200 moving average on a daily buyers. Long-Term investors tend to step in and intend to just push up the stock. Even higher every single time right here, right here and right here again right now, another reason why you should keep this on your watches is because of this. If you look closely right there, the combination of these three candles - this is a morning star candlestick patterns, but those of y'all who are beginners right.
This is a morning star on a daily time frame right off of the 200 move in average right and also we're gon na zoom in closely, and the reason why we got in right when we got in is because of uh. This 15 minute difference. If you zoom closely right there, you can see the left shoulder the head and then the right shoulder followed by the news from the fed which pretty much pushed up the whole market all at once. We got it at like 220, like in this candle right here, 224 225. For that move to the upside um. I think it's gon na go a lot higher. This is just the beginning. Um definitely expect to move all the way up towards 250, maybe maybe even 260 within the next few days, not bearish on etsy.
I think it's going to climb. How fast is it going to go again, we'll see we'll see, but definitely keep that one on your watches now the next one that i want to share with all of you. It's also at a tremendous tremendous discount and i think you're gon na love, it um the first. The this one is uh crowdstrike crwd cross strike right, and if we take a look at this one, it has its ups and downs very volatile stock.
It provides an opportunity on both sides. Um bears love it and um bowls like the stock. Again it has these nice moves. These nice swings to provide um some money-making opportunities.
Now, if you look at the daily it dipped a little bit just to fill that gap on the left, all right, that's the first one. The second one is this: if you take a look at the one hour and then we zoom in right over here right there, let me get this drawing tool from the moment. I had earnings all the way to today right there uh-huh, okay, you can clearly see that it broke out quite nicely again. For me, it was like which um it was between etsy and crowdstrike.
I mean, obviously, they both move in the same direction and obviously like a lot of other stock moves. So if you were able to catch that move, then you're sitting in a pretty good position right now, and i definitely think this is going to run. This is just the beginning, i think we're gon na open up at like 217, maybe 218, and then we're gon na spike all the way up towards 237, all right towards these regions right here. Could it happen this week? It would be phenomenal.
It really would be, it really really would be um or it could take a sweet time. It didn't actually climb up there on monday, alright, but i'm not bearish on crowdstrike and it also got upgraded by jp morgan. I believe on the left-hand side, and also it got upgraded by some analysts to a new price target of, like i think, 255 is somewhere in here, it's somewhere in there, but yeah. These are some of the reasons why you should consider crowdstrike um for the next few days, not bearish on this one at all.
Right now, let's talk about. Let's talk about apple all right: let's take a look at apple in the last video i told y'all apple was about to go parabolic right. I said that and i meant it all right now. Unfortunately, right after that, video um, it dropped a little bit.
Unfortunately, all right, the timing wasn't the greatest, but again i explained explain what happened to the spy earlier. I didn't like the facts. I didn't like the fact that let me see forward slash yes, that that inverse head and shoulders didn't break. I didn't like that in the morning all right, and it was looking quite scary, going into the open at around eight o'clock on that day. So that's one reason why i didn't like it. The other reason was because of let me actually change. Let me change to this one. Okay, the other reason was because of microsoft.
Again, microsoft was also featured, and i told y'all that i was expecting microsoft to go to like three to 349. I didn't like the way it looked pre-market. It looked like it was actually going to retest that neckline, which was at 348, and we try to give it a little bit of a chance just to like kind of prove itself right, but we ended up getting rid of it. Because let me see we ended up getting rid of it on the 13th around like 10 10 or 10 11 right, and it was because of this thing.
Let me change to this screen microsoft. That way, you can see exactly the psychology behind it. So, first and foremost, it tries to make a move right. It gets really really choppy over here.
It tries to make a move up towards where we want it to go towards the 349 and then it gets brutally rejected over here. So that's like the first chance to like okay, you should be worried right and then it started consolidating and then, as soon as it started breaking down over here, we immediately got out. We didn't even try to like. We took the money because we got in at like 338, the previous day from here, so we decided to just play it safe and just get out of this one, and also the market was just tanking and then the next day it fell even more right and Right now i mean it looks pretty good it's gon na rebound back to where it previously was at around like 340, and it's probably gon na go higher because again, momentum is coming into the market, but that's kind of like the uh, the psychology of why what I was thinking in that moment again the perspective changes as more candles show up so again, if you're, a beginner right like try to adapt and, most importantly, pay attention to what you're doing pay attention to the charts and um and and look for these little clues.
Look for these look for these clues in the chart. It really tells a lot and plus, if you look in the afternoon, there was a massive sell-off and a retest of 339, which was what i was anticipating in the morning like pre-market. So that was another indication that the next day was gon na, be terrible right. So um yeah.
That's that's the explanation for that. One now, in regards to apple right in regards to apple, my drawings are still on the chart. Like i haven't, touched anything at all. Could it get to by 190 end of this week i would be, i would be a little shocked, a little shocked.
I think it i think it might get to like 285, like it could form a hammer on here, a green one, not a red one. I think it can form a green hammer and next week next week it could take it off to this circle right there all right. So if you have contracts on there, hopefully you you're, not you're. Your expiration is not too close. Hopefully, you give yourself some time to just let the stock do its thing. So that's my very honest opinion on that one. I still think that it's going to go parabolic very very soon. Now, let's talk about you guys stocks of interest.
We got. We got two stocks, the first one somebody asked about pltr and in regards to pltr. There is a dragonfly doji at 18 that and also obviously the momentum of the market is shifting. The previous level of support was at around 18.
Buyers, are stepping in um. I do think that it can reverse all the way up to 20, maybe even 22 dollars very soon. This is not a level where you want to be bearish at okay, so um. I don't like these little stocks like these stocks under under under, like 40, is just i just don't like that.
I like trading the stocks that are a little bit more expensive because they tend to have higher movements and also better contracts. So um, i don't like these little ones at all, um, the next one that we're going to talk about. Somebody asked about a really good one, which i think all of you would like as well. Bby best buy all right and in regards to best buy it got annihilated in the past four months, no four weeks and if you look closely on the daily time frame, it's kind of forming that morning star a little different morning star from etsy.
But it's still there the morning star is still there and there is a giant gap at the top. Let me change this thing to this drone too yeah there's a giant gap at the top um. When is it going to fill? Eventually, it could take months. It could take weeks, i don't know all right, but it looks like it wants to like make a comeback.
It might consolidate a little bit before trying to make its move back up towards 114. So if you're, a long-term investor and you love best buy this wouldn't be a terrible place to start buying stock. For example, in regards to like contracts, i mean you got ta you, you got ta, be accurate on the direction and the timing at which is going to get there. So the game is a little different right, but in regards to like the direction it's gon na, take it's gon na take some time to get back up here.
It's it's going to take some time. That's my very honest opinion on this one um. I've talked about a previous stock before, but i never covered it um it was visa. I told you how to buy visa.
I told y'all to buy visa, no, not vtrs visa yeah. I told you how to buy visa when it was like over here somewhere at around like 203 and it jumped to 205, and it moved all the way up to 214, which was that first price tagger that i told you to watch for right. It pulled back a little bit with the market, which is normal and then and now after hours, it's back up to 214 dollars. Now again, i said after it reaches 214, then we can aim for higher prices of like 220. So my thoughts and opinions have not changed in regard and visa. I think it has some ways to go all the way up in this circle right over here. Alright, that is the end of the video again, do not forget to annihilate the like button for the you to bug with them. As always, it helps the channel a lot and allows more people to get this knowledge as well.
Also, if you are new to the channel, definitely click on subscribe and click on the notification bell, along with all notifications. That way, you don't miss out on future uploads. If you like to be part of a private discord community, you can find that as the very first link in the description of the video below, if you're not follow us on social media, you can find me at paul and guma in the pentanology lab on instagram And on twitter, and lastly, if all of this is brand new to you, if you're interested in getting started in the stock market, i left some very basic, step-by-step directions in the description of the video below step, one to step three, it only takes about 15 minutes Or less for you to get set up with all the tools you need to start trading immediately. You can also get two free stocks, valued up to one thousand, eight hundred and fifty dollars right after you stand up with weibo using the third link in the description of the video below once he.
Ladies gentlemen, my name is paul. Laguma, open knowledge lab for every trade patterns patterns only and i will see all of you in the next video right enjoy the afternoon. You.
Thanks for continuous great videos, I feel those who would allow the market dynamism to determine when to trade or not are either new in space in general or probably just naïve, the sphere have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, I'd say that more emphasis should be put into trading, since it is way profitable than Holding. Tradlng went smooth for me as I was able to raise over 9 BTC when I started at 1.5 BTC in just 6 weeks implementing trades with signals and insights from Evelyn Monping. I would advise y'all to trade your asset rather than holding for a future you aren't sure about.
Thanks.☝️ the amount was indeed helpful to the family
Thanks ☝️ the amount was indeed helpful to the family
Can u look at crsr and intellia? Are they reversing?
My life has totally changed since I started with $7,000 and now I make $ 29,450 every 11 days.
Nice video!! Very engaging from the beginning to the END., I'm new to crypto trade and I have been making huge losses but recently see a lot of people earning from it. Can someone please tell me what I'm doing wrong
Thank you for your video, any thoughts on LCID or RIOT?
Hey paul went all in on aapl calls for the 31th you still sticking with your prediction?
$BA, a little here.
Etsy and crwd went down?! a you're a day too early. But at least I can buy puts on it now…
Thanks for the info
I'm proud to share this testimony because I've gained much from this trading platform. I really appreciate the effort of Jeff 🖕Steve who made it happen. I also want to thank him for being truthful. Earning weekly is so amazing
PLTR, CSSE, FUBO, and BODY are smoking hot buys right now.
I just got Etsy fucked.
SNBH is a steal at $0.51 right now. It's up 27% already from $0.36 this week. It's starting to grow and all signs seem to point to it skyrocketing in the near future. The company leadership have worked with some really huge brands like Versace and Hugo Boss.
ETSY needs to consolidate first IMO.
Curious if anyone here has tried copy trading.
What was your experience? I’m relatively new to trading and I am looking study some traders and copy their open trades rather than investing myself and lose money emotionally.
Man, I think most stocks are gonna run the beating they have had, only one way to go now lol
Any thoughts on shorting opportunity for PG?
<I'm done trading for now, it's become really frustrating. I've tried several strategies that I've found online and it just won't work. I'm thinking that I really have a problem with being patience and I'm afraid it's a conflict of interest when it comes to trading. however, I'm open to a new door of much more conservative investment like stocks, bonds, and prolly NFTS too. Any comments/advise would be really much appreciated, Thanks!
>
AMC TO THE MOON
everyday we see improvement in trading glad to say am retired and still make $7000 every
week
AMC going CRAZY tomorrow. Y'all ain't heard the NEWS? 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
What trading platform do you use?
Good thing he didn't say any of the stocks I am in bc everything he says usually goes down… :/
$AMZN $MSFT $SEAC
Can you do a Nvda analysis 🙏🏾🙏🏾
Hey Paul 🤓
Talking about stocks, Forex trading is the most profitable venture I ever invested in, I reached my goal of $120k monthly trade earnings. Wondering if viewers here are familiar with Laura's trading strategy ..?
Nvidia?
excellent research ..thank you
I have a long call on Apple expiring 2/18 with a $185 strike price. Do you think Apple will likely be in the 200’s by Feb?
Didn't everything break out after the 2pm? How do we know which run up is legit for a swing?
2 STOCKS MY ASS
what about NCLH?