Good morning everyone All right? Well, it's about 8 45. We've got 45 minutes to the bell. No trades yet for me this morning. just kind of looking at um, what's moving which isn't a lot? Um, leading gap or Whlm? it's up 56 which is not bad.

Uh. second leading gap are Pt. Third leading gapper, Pbts fourth leading gapper is a buyout. Fifth leading gap is Ears only up 19.

These aren't even really big gappers, so I would say probably the game plan is going to be to try to take it easy until we see something that looks good. It just, uh, you know, continues to be that we're in a little bit of a choppy market base hits kind of. you know, just hit and run, get a winner, and then get out and do not overstay your welcome. It's just the way things are right now.

So uh, looking at ears, this is the one that I had on um my my charts. You see it was hitting the high day momo scanner so I was kind of watching it. Uh, looks like a double top around 550. Back down here under the V Wap.

so not looking really that great here. I I don't like this stock that much. It's kind of like just a stock that has a history of popping and fading and you know you can make money trading those whether you're long or short. I mean, if there's volatility, there's opportunity.

But generally speaking, the moves just don't feel quite big enough to really give us a lot. so no interest in this at this point. Right now, we'll see as we get closer to the bell if it looks better, but I'm not really optimistic on that. I'm kind of hoping at 9am we have some breaking news that maybe all of a sudden a stock you know pops up on breaking news and that gives us a trade.

It's always possible. Uh, that's maybe the best hope today for some type of real momentum. Second leading gap is Pbts which squeezed up from 3 all the way to 460 470 and then faded hard all the way back down here to 344. Bounced up a little bit flatlined and is now starting to curl up.

You know this is tricky when they do that. That's clearly not showing the Um the strength that we would typically like to see. It's popped up and reversed. so again on something like that.

Could you have made money on it long? Maybe if you jumped on quick short? Sure. as long as you had a good entry could have. Also, you know you never know you could. This also could have been the one that next thing you know goes from 480 to 680 to 780 and is ripping up because it is a former Momo stock.

you'll get the daily chart has this day it's squeezed up to 9.65 So the thing is it, by the time you got confirmation that it maybe was a short I mean first one minute candle to make a new low, it, was already back down to 378.. So it's just such a big range that makes it kind of tricky. so I'm not sure that there would have been easy trades on that. And actually the total volume on it right now is about 800 000 shares.

So it's fairly light on volume as well. Afmd from last week. Well, it did hold up. uh high.

Yes, on Friday was 1070 to 10 right now. So it did hold up over 1070? maybe. But I'm not super super optimistic on that. Nuan.

Uh, there's news here. Um, let's see. Uh, where was it? It's a buy out headline. Microsoft will acquire them for 56 dollars a share, so it's trading right at that level right now.

Gtech. Wow, Yeah, so news. But look at those red candles. Fifty-six the chart on Pbts, you know? Yes, it is reclaiming the V web here.

I'll I'll give you that. which is good. That's that's good to see. The low is 357, the high there is 370..

But the question is, can it hold above V web? If it can, then I would look at the high of this candle right here. which is about 373 374 and then you start to have maybe room back up towards 389 and 4. But it's got a bit of upside resistance just given this drop here. Let's see Pt on the scans.

So Pt Thank you guys on Youtube and Facebook for hitting the thumbs up for the morning show. Uh, as a reminder, in case you already know, day trading is risky. Most beginner traders lose money. You shouldn't attempt to blindly follow me or anyone else.

I would encourage you to trade in a simulator before you put real money on the line. So Pt I don't really like this one. It's too cheap, floats a little too high. I don't really see anything there.

Cheese w-h-l-m Did we look at this one? w-h-l-m This is the leading gapper today. It's um, with 2 million shares of volume 795 000 share float is a very low float. That might be our, well, this one's slightly lower float down here Rdib. but it's definitely a low flow.

So what we know about stocks that have floats of less than 5 million less than 1 million shares. When they start moving, they can move quickly and so this is one that actually went from seven all the way up to thirteen dollars Right here. Look at this. This is pre-market so in ten minutes it went up a hundred percent.

So you know that's your potential. Uh, if it did it once, maybe you could do it again. Pbts I see that one popping up there, a little bit more volume coming in. So this is that setup that we talk about.

Sometimes it broke back over V Wap First one minute candle to make a new high, and there you got that squeeze, so that's good to see. Um, I. I wasn't super interested in jumping on that because of that big red candle, but ultimately, the buying volume here is substantially higher than the selling volume was through these candles. So it sold off on 50 000 shares of volume.

and now it's popped up here on 225 000 shares of volume. So almost, you know, four or five times higher volume there. That's interesting to see. High of that candle is 398..

So we'll see how this kind of bases out in this area. So this is the pullback on the break of the V Wap and then this potentially up in this area could be the first pullback. the second pullback. So first pull back and then second pull back so that candle just closed with a high of 96.

Hmm. Seems like Pt Pbts has some selling resistance in here. See how it's a fault, sort of false break. it pops and then back down? Bctx? I can check that.

All right. let's see. Well, that doesn't look that great. It's below the volume weight, average price.

It's pulled back a bit too much. So now your highest volume candle is a false breakout on Pbts. No trades on it yet for me now. Not really interested in taking a dip after that false breakout because this pattern is kind of screwed up.

Because you have a high volume red candle, you've already got three green candles in a row. It's a little extended. This is not the place I would feel comfortable doing that trade. I think the best entry on Ptbs would have been uh, right down in this area around 364 365..

to anticipate the first one minute candle making a new high or maybe along at 370 for just simply to break through the high, That would have been okay too. Whlm curling up a little bit. The V Wap is up at uh, 890.. So this one, like I said, had that big move pre-market pulled back.

Another big move, pulled back. Now you see, it's starting to curl up. The V Web is about 40 cents away on this. so probably if you had an entry down here which I don't then A9d would be a target.

Maybe 875 880 to take a little off the table going up to the V web. And then the question is, does it break it? Does it hit its head on it in reverse? Does it break it and hold above it? And then that's where I'll start to gauge. Possibly uh, a an opportunity. Um, so a little dip down there to 39 and then a pop back up.

That's good to see. Pbts is still on watch as it's doing a five minute pullback. Well, different platforms will show different prices for the V Web, especially when you have a very volatile stock. I've been using E-signal for a long time, so that's the one that I just am always using.

Uh, is it possible that it's wrong? Maybe, but it is pretty widely used software that's pretty well respected so I would be more inclined to think that one of the smaller Um brokers that maybe don't have as sophisticated a platform would be the one that's wrong. So you've got like six green candles in a row fit extended so the high there is 402. Nice look at that. That's a nice breakout up to 405 407.

Hi, that candle is 412.. So now that you have that kind of nice squeeze, we want to see as it pulls back where it bases out for the next leg up. Obviously the high a day is 472. it is a former Momo stock so the dip down there to four and the high is 416.

439 is a daily level then gives you room up to 5 28. yeah, actually my clock might be wrong. Hang on. Pull it together girl.

So I'd like to see this pull back a little bit. Maybe bounce off of four to help establish a lower kind of lower risk entry point. First one minute candle to make a new high is going to be around. Let's see the high: That candle is 13.

it's a tough call because the problem is it did a false breakout right here and I'm concerned it's going to do the same thing here. It's going to pop up, do a false breakout, and then drop. The five minute is just more extended. Didn't really give a good five-minute pullback.

It started to and then it broke out just a little prematurely there. So let that pull back again. Whlm And it's about 905.. I don't know if there was any breaking news at Nine, but I didn't see anything.

So uh, Whlm actually had the highest green volume bar highest volume of the day and it was a green volume bar right there, which is good to see. It's a good amount of buying, hit a high of 70. pivot there is at 880 and then we'd have room back up to nine and up to 939. I'm gonna do a dip trade there on that.

So I'm buying this dip here for the break through the V web. I'm gonna put an order at Nine Dollars to add, so added there at 88 trying to buy for the break through Nine dollars the break of the V web. So there's 95 holding at 75 right now looking for a one minute micro pullback and then a breakthrough Nine second high volume bar here on the five. So let's see if we get that breakthrough Nine.

So on this 10 second chart, I'm thinking a one minute pullback and then an ad for the break of Nine up to Nine Thirty Nine. adding right there at Nine. Let's see if we get that squeeze up to Nine Fifty. the high volume curl is what we like to see.

So right now I'm not selling. I'm holding this. I want to give it a chance to squeeze up towards 9 15, 9 20. you've got two high volume candles in a row.

I have. this one is 904 so I'll put my new order at 9 10.. adding at 908 and looking to see if we get a move up to 9 42. there's 9 10.

adding at 10 there's 12 on the ass, there's 13. took a little off the table 99 holding the rest for a move to 9 42. The high of this candle is 9 15.. watching for a dip to add added at 99 there's 904, there's 906.

My cost basis has moved up a little bit to 83 holding 1600 shares. hi this candle is 9 15. new order at 9 15. watching here adding at 905 right there for the breakthrough 915.

it's holding the nine dollar spot. There we go, there's 910. That candle is green on the one minute high volume candle which is good. So now we'll look for 9 25, 9 30.

watch the break of 9 15. there's 13 on the ask. we've got 9 908 dipping back down taking it off the table. For now, we'll let it do a pullback high of this candle is 9 15.

I'll see if I get a dip entry off of 95 or maybe 80. new order is at 9. I'll leave the order at 9 15. But this is going to need to do a 1 minute micro pullback.

I'm going to put in order to buy the dip at 88 on the bid. so filling on the bid at 88.. So holding it 988 right now or 8.88 Hello, this candle is 88 which is right at the V Wap. So I'm trying to buy the dip off the V web.

Highest volume is on this green five minute candle. I still have Pbts on watch Over on the side. I'm going to let that pull back a little bit more before I try to do an entry on it. Okay, so this one minute chart: High volume on the green candles, light volume on the pullback.

What's going on Girl? hey girl, what's going on? We've got about 15 minutes to the bow, so I like my 388 average right now. But I want to see if I can add first one-minute candle to make a new high would be over 909. So I'm adding there. uh, 903 over 903.

Then I want to see 904, 905 and up to 9 15.. So let's see if this wants to squeeze up to 9 15, 9, 20.. there's 908. It's 909, 908 Hi, this candle is 908.

My new order be 9 15. there's Nine Nine. This is the pullback after the break over the V web. so the fact that it's holding here is good.

Well, but then it just broke so a small loss on that for me. The new entry would be another dip, but the problem is, while I could do another dip, I've got to be a little careful. I'll put an order at 83 and see if I can get a low average. Actually, I'm going to cancel that order.

I'm going to look at Ptb at Pbts here. Whlm. I'm going to keep on watch So I'm not a buyer on this yet. I'm just watching it.

Whlm needs to do a five minute pattern for me to want to trade it as a reminder for those on Youtube and Facebook. Thank you for tuning into the morning show. I hope you've hit the thumbs up. Uh, this Thursday we'll be doing a thankful Thursday.

So 100 of the profits from Thursday will get donated to charity. So I will stream a little longer in the day on Thursday and I want to remind you not to try to blindly follow me or anyone else. Trading is risky. Most beginner traders lose money.

You should trade in a simulator before you put real money on the line. Approach this in a smart way. So the high of this: five Minute Candles 410. I'm buying this at 406 here.

I'm buying the first five minute candle to make a new high on Ptbs and I'll look for the breakthrough: 416.. So my new orders at 416. This right here is a Five Minute bull flag. There's 12 13 and I'm adding at 15 for the break of 16..

So now we look for the squeeze up to 420. back of mine Target would be probably 425, but let's see what this wants to do. So there's 14, there's 16 on the ask, adding again at 16, looking for the break of 17, 8, 18.. So I try to ride this momentum as it curls up.

Sold at 10 for a 290 dollar winner, it should have broken and instead what it did, is it double topped right there. So now what I could do is I could put an order down at four to buy the dip. but this is a false breakout on the five-minute candle on the five-minute chart. It's not unlike what it did.

Uh, right here on the one minute false breakout. And here's another false breakout. So 290 dollars is okay I suppose. but discouraging that it didn't rip through the high of 416 to the 420s, it's not a great look.

We only have 13 minutes to the bell, so I was adding at 406 and 408. That was where I took my main position. Then I added small size at 16. Looking for that continuation stopped out at 10..

this has 5.9 million shares of volume, so not really a problem to take bigger share size on it. I bought 28 000 share, 30 000 shares. So 30 000 shares is actually only one penny of profit from an 09 average to a 10 average. So essentially it's a break-even trade.

Had that been, uh, had it squeezed through 16 up into the 20s, it would have been a three to four thousand dollar trade which is what I was looking for and that would have put me up over 10 000, Which is essentially my daily goal in this type of market is. uh, so this, um, thirty thousand shares on this with six million shares of volume was not at all hard to get filled. I was in and out. It was no problem.

trading 30 000 shares of volume on a stock that might have only a hundred thousand shares of volume would be more difficult. I would get slippage on the entry and slippage on the exit. So the higher the volume, the easier it is to get filled with large share size. which is why I make more money when stocks have higher volume because the liquidity is better.

That and that can get to a point where I could trade 50, 75, 000, or 100 000 shares and be in and out with almost almost no slippage. I mean, 100 000 shares? I'm probably gonna have some slippage, but I can scale in and scale back out uh, sometimes very easily with maybe two or three orders that. There's nothing that has been justifying trading that aggressively right now. So I haven't been trading with those types of Um positions, but I am happy to once the market presents those opportunities again.

And I'm not using the stop break even hotkeys pre-market because of course, pre-market there's no stops. So this is, Um, you know. I mean, I think that this was a good, clean, five-minute setup. I really do.

I I like this five-minute setup. It's a five-minute pullback right above the volume weight average price. The maybe only problem was that the entry was right at the top here. a dip entry would always be better and if you can get a dip entry and I couldn't on this one, but that's more of an entry problem.

that's not a pattern problem. The pattern was good and it didn't work. so unfortunately our two leading gappers are both looking a little choppy here with only eight minutes to the belt. I'll keep both of them on watch, but this may be a slow Monday, and in fact, uh, even if it is a bit of a slow Monday, my Mondays have not been very impressive this year.

So if it's a green Monday, that by itself is an achievement. So I got to import my trades from Friday. You know, this is the type of market that really tests your patience because you see good quality setups and then they reject and you're thinking this doesn't make sense This pattern used to work so well. Why is it not working right now? And it just speaks to the ebb and flow of the market.

I'm looking forward to hotter markets as well. When you have something that you see ends up making a 400 move and it's between 2 and 4 P.m or between 4 and 6 a.m it feels like man, am I supposed to be sitting around and waiting for that. I mean, I can't can't do that. I don't want to sit here.

You know, I don't want to get up at 4 a.m and sit here until 8 pm hoping for the odd chance that you have some random move. It's typically and most consistently been that I make money in the morning. So this is this is when oops, hold on. So this is when I usually make the most money.

It's right, it's right at the open. It's 9 a.m so doing well pre-market and then easing off the throttle between 10 and 11. and then afternoon. Generally these are losses, so I really do better in the morning.

We've got about six minutes to the bell here and this is where I'm sitting on the month right now. Um, just in the month of April. So green, green, green, Red Green green. So had a draw down.

Got back to basically flat by the end of the week and now here we are on Monday. up seven thousand. But it doesn't feel like a thirty forty fifty thousand dollar a day type of market. It just doesn't feel that way Right now.

I don't see what I would trade that would give me those types of gains unless one of these starts to really open up and and squeeze quickly. so just have to be patient. And it's a good reminder. Easy come easy go.

Trading is risky, so manage your risk. This is a good time to be trading in a simulator. It's not a great time to be trading for the first day in a small account market. just doesn't call for that level of aggression that really is usually required to grow a small account.

All right, Four minutes to the bell. So I'll put up my disclaimer again. Here for those on Youtube and Facebook, I encourage you to tune in during the mornings for the morning show. Please hit the thumbs up if you haven't already.

I'll be streaming the morning show every day this week between sometime between 8 30 and 9 30. I'll uh, go live. so if you're subscribed the channel, you get the notification. When I do start the broadcast, I don't always start at the same time every day so you should subscribe so you get the notification Thursday for Thankful Thursday I will stream the entire morning.

I have so far donated 37 000 this month for Thankful Thursday donations from the first and second Thursday so we'll see uh what we get this coming Thursday. Hopefully another 10 15, 20 000 would be nice and um yeah, just trying to grind through these slightly choppier and slower markets. I'm sitting up only about 50 000 on the month right now, but it's green at this same time. In January I was read 150 000 At the same time, in February I was read almost 300 000.

So just the fact that I'm green is, I'm very happy with that. And if things pick up during the second, uh, half of April, then I'm not digging myself out of the hole. I can just kind of continue to let the account grow all right, So be mindful of risk and I will see you guys on Youtube and Facebook first thing tomorrow morning. You.