So many of you hear about support resistance, technical analysis, and maybe you know, especially if you're new, it may be very confusing. You're, trying to pick out these levels on the chart.. Maybe you hear me mention you know: resistance here, support here, you're kinda, struggling to figure that out Today I got a new tool in StocksToTrade that I think's really gon na help guide. You., Hey everyone before we get started, be sure to like share subscribe, ring that bell.

If you're on YouTube. YouTube, you get notified as soon as we drop a new video and we'd love to get the word out, there. We drop so many videos. Like share subscribe.

We'd love to see you check out the entire catalog. All right.. So many of you may or may not be familiar with Oracle. Okay Oracle is our stock prediction algorithm., And also what I like to call that one-click watch list builder..

So what it is is every single day in pre-market Oracle has a Black Box algorithm where it looks at a bunch of indicators. Fibonacci's are in play, VWAP's in play, support and resistance are in play, news is in play. It. Obviously it's not that sophisticated..

It's not like it's artificial intelligence.. It's not reading the press release and then gauging an opinion which man I'm workin' on it. Workin' on that.. That would be so cool.

I mean I don't know how you'd ever do it.. Of course, I guess. Listen. Instagram recommends me cat toys, all the time., I mean.

Obviously, they know what I'm thinkin' about my house cats all the time but anyway, but it does look at if there is news today and then gives you that watch list of the top 15 most potentially volatile stocks. Most days, it's kind of an equal mix, all Potential longs and potential shorts. You can see this morning. We got one two, three, four, five: six, seven, eight nine potential longs and one two, three, four, five, six, seven, eight nine ten potential shorts..

So that's the cool thing is it gives you that one click watch list. And then it helps guide you through that trade with the Oracle Point Tool down below.. So you can see that Verb is kind of one of the big morning runners that at this point is failed. And that's why I wan na talk about this, but you can see that it maps out major support and resistance levels..

It also gives you a potential entry based on the signal level.. So this morning, at 9:33, 9:34 roughly Oracle collects all of the opening prints.. You know all of the opening trades for the first few minutes of the day then uses again its Black Box technology. To give you an entry as well as map out those resistance, levels., So a lot again, a lot of you are struggling with that., You don't know, where's resistance, where's support.

Where do I stop? Where do I take profits? So what's great about this is Oracle? You can see three is support. Okay, So if three fails, you really need to either stop out or you know. Maybe you stop out at one of the intermediary levels. At 2, 96 et cetera., You know lots of times we try and avoid whole dollar.

Half dollar areas., But if you took this plan, let's say so: you're in at 3, 0 7 Oracle's telling ya' there's support at three and then there's also resistance at 3 25.. So this has been around for years. Now what's new? Is we have the ability to add this to your chart, so you can see it on the chart.. I mean I love the Oracle point..

The kind of ruler is what I would call it., But most of you are using charts and I want you using charts, so you can now see it overlaid and you can see these levels on your chart., So you can see. 3 25 is resistance.. Oddly enough, I'm looking at a five minute chart which is the chart, I recommend for all newer, traders. Notice.

I mean talk about a brick wall at 3. 25.. Now to me, it's easy to see because I've been doin' technical analysis for 15 years, and I can see that you know last night, 3 25 didn't break. This morning, 4:00 a.m.

you know. When we go from this gray area. This is after hours., The lighter gray area is pre-market., So even at 4:00. Am it tried to break 3 25.

Even at 7:05? Am it tried to break 3 25. Now this morning, the three four candles now it has not been able to break 3. 25.. Now.

Remember this isn't revisionist history.. These levels were in your Oracle tool. You know. 4:00.

5:00. 6:00 AM okay. So it's not like I'm pickin' an idea here, but you can see how that resistance level just continues to hold and hold and hold. And now what you're gon na look for is.

Does that support area of three hold., And you know again, I can see notice how support comes in play. Last night after hours. Held. This morning, 5:30 AM held, did break through it at 7:00 AM but quickly reclaimed that three level same at the market open..

So now you can use this tool. I mean listen, you're still long, this stock right now you really got ta be wonderin'. Are you making a decision And you can play that bounce, but I would be stopping out because ultimately, it just broke the resistance level. After the market open on good volume.

You had a four five minute candles touch that level and stop.. Of course now he can prove me, you gon na prove me wrong Verb. This is the cool thing about doin' this stuff live.. Is it gon na hold? So this is what I want you to do., I'm recording on July 15th.

2021.. This video will probably be relea --. You know we edit these videos, you know with some cool, graphics and stuff.. So usually they come out three or four days later..

What I want you to do, look at July, 15th, 2021. Did support hold at three. Was I a coward? Was I a coward telling you to stop out when it dropped below for a penny, or did it hold and break resistance? Those are those key levels. And that's the great thing about this tool., Whether you're usin' the ruler as I call it.

The developers hate it when I call it that, but that's what it looks like to me or you're now using the tool on the chart. So keep in mind. This is proprietary to StocksToTrade.. Oracle is a tool that we only we have..

It was developed with my input.. It was developed with Tim Syke's input.. We took a bunch of input from a bunch of traders. Paul Scolardi, Superman Mark Croock..

You know Matt Monaco Jack Kellogg. All of the traders in the StocksToTrade ecosystem have had input on this.. Then our engineers, our super smart programmer, guys turned that into this tool to help guide you through support and resistance.. Now, if you've got StocksToTrade check it out, it's new., You might not even know it's there..

It's under your technical indicators.. It's called you know: if you drop in there, you'll see the Oracle SNR levels right there., You can drop it on your chart.. If you don't have StocksToTrade here, we go. Click.

The link below get the trial check it. Out. You've got a fully functioning every during the trial. Everything is accessible to you.

You could play with with Oracle. I love it.. I tell you., Especially when it comes to. You know the mentoring that I do in the SteadyTrade team.

You know it's one thing for me to call out these support and resistance levels and explain those.. I think I really spend the time to teach people, but what I like about this is it makes it visual.. I use the touch screen a lot.. I draw the lines, but it's really a great teaching tool for me to relay this to help people understand where these levels come into play..

So that being said, if you've got StocksToTrade check out the Oracle support and resistance, levels. Drop'em on your charts., If you don't get the trial. Test, it out. And, most importantly, let me know.

It's tryin' to pull again. Did Verb, break support or did it hold and Break resistance Drop me that comment. I'll check back when this video gets published. Have a great day.

Check out the SteadyTrade team.. You know I mentioned that., It's a twice daily webinar.. I do actually most days Mondays. I do three webinars live..

I answer every single question. In chat. There's over 2,700 webinars now., I think almost 2,800 of talking about everything. Fundamentals, technicals risk management tools like Oracle., It runs the gamut..

I mean almost 2,800 webinars at an average length of like 45 minutes.. I mean I'm too dumb to do the math.. I mean that's like thousands of hours of content to help. You learn this in the archive.

Plus I'm there live every single day, twice a day. All right, everyone. Check out the trial Have a great day and would love to see you on the SteadyTrade team.